1301 HENNESSY TERRACE
About This Property
A long, sweeping drive delivers you to a stately columned facade with classic symmetry and a brick walkway that sets the tone from the moment you arrive. Inside, the foyer opens to a sophisticated living room with rich statement walls - ideal as a music room, sitting room, or private office - and a formal dining room bathed in light from plantation-shuttered windows.
The family room anchors the home with a stone fireplace, custom built-ins, and French doors opening to the grounds. The gourmet kitchen impresses with white cabinetry, quartz countertops, a large center island, and striking gold lantern pendants. A sunny breakfast area overlooks the lawn, while a butler's pantry and wine nook serve the discerning host. The main-level primary suite is a true retreat with a fireplace, spa-style bath, and generous walk-in closet.
Upstairs, five additional bedrooms, skylit bathrooms, and a spacious bonus room - ideal as a media lounge, playroom, or flex space - offer comfort and versatility for family and guests alike. The expansive basement adds 7,000+ finished square feet of total living space with room for a gym, game room, recreation area, and office, plus a half bath.
Beyond the main residence, the estate delivers unmatched amenities: a climate-controlled 2-car garage for your collector cars, a 2,500+ sq ft barn with additional garage space for horses, hobbies, or storage, a basketball/tennis court, an outdoor terrace with fireplace perfect for cool evenings, and a hot tub set within your own private oasis.
The opportunity expands further with the potential for 2 additional buildable lots zoned R-2, subject to county approval - a compelling investment for the visionary buyer.
Served by Sherwood Elementary, William Farquhar Middle, and Blake High School.
6 BR · 5 Full BA · 1 Half BA · 7,000+ Fin. Sq Ft · 12,000+ Sq Ft w/ Outbuildings · 13+ Acres · 2-Car Climate-Controlled Garage · 2,500+ Sq Ft Barn · Sports Court · Outdoor Fireplace · Hot Tub · An upside potential in subdividing as RE2 zoning can accommodate 2 acres lots. Please check with the County.
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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%.
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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 |
|---|---|---|---|
| Sep 29, 2026 | Price Decreased |
$2,899,000
↓ $100K
(3.3%) | |
| Price Decreased | |||
| Sep 1, 2026 | Price Decreased |
$2,999,000
↓ $501K
(14.3%) | |
| Price Decreased | |||
| Jul 31, 2026 | Listed by The KW Collective | $3,500,000 | |
| Listed by The KW Collective | |||
| Oct 15, 2025 | Sold | ||
| Sold | |||
| Sep 13, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017