1573 MADDUX LN
About This Property
As you step into the grand marble foyer, you're greeted by a sweeping curved staircase, setting the tone for the sophisticated design. The main level features an array of thoughtfully designed spaces, including a formal dining room perfect for hosting lavish gatherings and a formal living room ideal for intimate conversations. The open chef's kitchen is a culinary masterpiece with a grand center island, a breakfast area, and a door leading to an outdoor terrace. Adjacent to the kitchen, a spacious family room with a grand stone fireplace enhances the sense of warmth and hospitality.
The upper level is home to an expansive primary suite that serves as a true sanctuary. It boasts a grand stone fireplace, separate walk-in dressing rooms, an ensuite bath with individual vanities, heated floors, a separate jetted tub, and a shower. Four additional bedrooms, three well-appointed baths, and an expansive laundry room with two washers and two dryers complete this level, providing ample space for relaxation and privacy.
The lower level is an entertainment haven. It features a sumptuous movie theater with audio and video necessities, a recreation room with another inviting gas-stone fireplace, and a private in-law room with an ensuite bath. This level offers endless possibilities for leisure and guest accommodations.
Additional highlights include over 9-foot ceilings, a well-appointed office, a powder room, a mudroom with a half bath, a whole-house generator, a built-in grill with ice and condiment storage, and a three-car garage with a state-of-the-art Garage Tek system. Please note that all hardscaping is custom pavers front and back. And if that isn't enough, excellent landscape lighting highlights the residence!
1573 Maddux Lane is more than just a home; it's a lifestyle of unparalleled elegance and convenience. Experience the perfect blend of sophistication and modern amenities in this exceptional McLean residence.
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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 |
|---|---|---|---|
| Oct 11, 2024 | Sold | ||
| Sold | |||
| Sep 24, 2024 | Price Increased |
$2,725,000
↑ $10K
(0.4%) | |
| Price Increased | |||
| Sep 23, 2024 | Price Decreased |
$2,715,000
↓ $10K
(0.4%) | |
| Price Decreased | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
| Sep 6, 2024 | Listed by Compass | $2,725,000 | |
| Listed by Compass | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017