11723 Peony Terrace
About This Property
THE SPECTUACULAR CLUBHOUSE IS NOW OPEN which provides a racquet club with eight lighted pickleball courts and six clay tennis courts, resort style pool, lap pool, resistance pool for exercise, spa, fitness, and miles of walking trails in the community. A 43,000 sq. ft. clubhouse offers events, clubs and more along with a restaurant and spa / nail salon. Make an appointment today to tour this amazing home!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 11, 2025 | No longer available | - | |
| No longer available | |||
| Nov 10, 2023 | Listed by Realty One Group MVP | $1,419,000 | |
| Listed by Realty One Group MVP | |||
| May 13, 2023 | No longer available | - | |
| No longer available | |||
| Apr 8, 2023 | Listed by Downing-Frye Realty, Inc. | $1,499,000 | |
| Listed by Downing-Frye Realty, Inc. | |||
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MOVE IN NOW to this brand new 55+ community called VALENCIA TRAILS. This fabulous home, the largest floorpan called the BONITA, with 3 bedrooms, + a huge Bonus room that can be a bedroom, a 3-car garage, living room and family room, 3464sf large but still cozy, is being offered immediately for sale. This property is on PEONY Terrace which is one of only a few that are dead-end private streets, all with high-end homes. Of course the home has all the newest style features that you would expect: Quartz countertops, stainless steel appliances including a GAS range, European style cabinetry, recessed lighting, conferred ceilings and so much more. The community offers a luxurious resort lifestyle with their Racquet Club (9 lighted PickleBall, 6 har-tru tennis courts), resort-style pool/spa and of course miles of gorgeous walking trails. More amenities to come shortly including a magnificent 43,000 sq. ft. Clubhouse that will offer an abundance of events, clubs, and entertainment, restaurant and Spa – all right in your own backyard. Valencia Trails features 160 acres of pristine preserve and over three miles of walking trails There’s no better place to call home! The manager has listed the unit size as 3472 square feet.
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| Aug 16, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017