1388 CRENSHAW ROAD
About This Property
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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.
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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 25, 2025 | Sold | ||
| Sold | |||
| May 8, 2025 | In contract | - | |
| In contract | |||
| Apr 26, 2025 | Listed by TTR Sotheby's International Realty | $4,750,000 | |
| Listed by TTR Sotheby's International Realty | |||
| Apr 10, 2025 | Listed by TTR Sotheby's International Realty | $4,750,000 | |
| Listed by TTR Sotheby's International Realty | |||
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Set on an idyllic five-acre parcel and bordering a 400-acre private estate, this extraordinary Neoclassical Palladian villa offers nearly 6,000 sq feet of interior living space with spectacular views of the iconic Blue Ridge Mountains. Originally built in 1997 by esteemed architect Errol Adels, the home finished a two-year renovation in late 2017 and continues to be well maintained. Inside, a magnificent great room includes the gourmet kitchen, dining room and two seating areas that overlook the terrace and swimming pool. Each of the home’s five bedrooms - including two large ground level master suites - offer ensuite baths clad in floor to ceiling Carrara marble. Additional noteworthy features include 10' custom doors, custom oak cabinetry, Miele and Sub-Zero appliances, Italian marble countertops, Lefroy Brooks fixtures and sconces, 180-year-old reclaimed wide-plank flooring, and custom millwork throughout. The 1,225 sq foot guest house has a spacious entertaining space with a concealed full kitchen, large bedroom and ensuite bath. The pool, outdoor spaces and gardens are inviting and well proportioned. Tasteful decor. Completely private and in the middle of Virginia hunt country, Lily Pad is an ideal weekend or full-time residence.
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| Jan 27, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017