16211 MULHOLLAND ROAD
About This Property
Upon entering, the magnificence of this home is immediately apparent with its expansive living spaces and upscale amenities. Porcelain floors throughout the core of the house, complement the open floor plan, which includes a living room, family room, home Office and generously sized bonus room, perfect for entertaining or relaxation.
The heart of the home is the gourmet kitchen, featuring upgraded stainless appliances, a Sub-Zero refrigerator, and a custom butler pantry with a beverage center. A large walk-in pantry ensures ample storage, while smart toilets and entrance door locks offer convenience and modern sophistication.
The home Office or Den provides a peaceful retreat with custom built-in shelves, cabinets, and French doors for privacy. The large laundry room and 3-car garages, complete with air conditioning (3rd garage), and additional storage, cater to practical needs with style.
Outside, a spacious covered paver lanai spans from the bonus room to the family room, living room, and master bedroom, seamlessly connecting indoor and outdoor living spaces. Enjoy gorgeous views and direct access to the swimming pool and spa (via 4 sliding glass doors), surrounded by professionally designed landscaping with irrigation and enhanced night lighting.
Additional features include a 2-zone HVAC system, high-efficiency insulation, a whole home water treatment system, and a home backup generator for peace of mind. The property is equipped with a premium security system, including outside cameras, and a Network Smart Home Center with whole home wired ethernet, coax, and phone connections, all perfect for working from home.
Conveniently located and meticulously maintained, this Mediterranean-style home offers unparalleled comfort and luxury in a serene natural setting. Don't miss your opportunity to make this dream home yours today. Schedule your private tour and experience the essence of fine living in every detail.
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 5, 2025 | Sold | ||
| Sold | |||
| Mar 15, 2025 | In contract | - | |
| In contract | |||
| Feb 6, 2025 | Price Decreased |
$1,150,000
↓ $45K
(3.8%) | |
| Price Decreased | |||
| Dec 10, 2024 | Relisted | $1,195,000 | |
| Relisted | |||
| Sep 20, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017