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1325 PATUXENT DRIVE
About This Property
Inside, light-filled rooms showcase wide-plank flooring, recessed lighting, and a sleek fireplace that creates a warm and inviting ambiance. The gourmet kitchen serves as the heart of the home, featuring an oversized island, quartz countertops, custom cabinetry, and stainless steel appliances, all opening seamlessly to the dining and living areas. Luxurious bathrooms are appointed with striking tilework, including elegant gold tile accents, and contemporary fixtures. Spacious bedrooms feature custom closet systems for effortless organization, while Bluetooth-enabled ceiling fans add modern comfort and convenience.
The fully finished lower level offers endless versatility, whether used as a media room, home office, fitness space, or guest suite with a full bath. Outdoors, a new stone porch and patio overlook the expansive fenced yard, surrounded by mature trees and professional landscaping. The property also features a certified wildlife pond, creating a peaceful natural retreat right in your backyard. Recent improvements include new gutters and outdoor lighting that enhance both functionality and curb appeal.
Additional highlights include an oversized garage, resurfaced driveway, and a detached Morton building with electricity, ideal for hobbies, equipment storage, workshop space, or a home-based business. With pre-wiring for a whole-house generator and smart home conveniences throughout, this property seamlessly blends luxury, function, and peace of mind. A rare opportunity for a discerning buyer seeking space, privacy, natural beauty, and a truly move-in-ready home in sought-after Ashton.
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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 |
|---|---|---|---|
| Jun 18, 2026 | Listed by Serhant | $1,250,000 | |
| Listed by Serhant | |||
| Jun 23, 2025 | Price Decreased |
$1,299,999
↓ $100K
(7.1%) | |
| Price Decreased | |||
| May 31, 2025 | Price Change | $1,399,999 | |
| Price Change | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017