1642 Murano Place
About This Property
The private courtyard opens to a dramatic two-story front room. The floating staircase and grand entry are the first indications that this home is truly unique. The two-story living room makes a lasting first impression, with doors that disappear to reveal an outdoor great room that welcomes you into your private backyard. The majestic pool and putting green in the yard provide ample opportunities for relaxation and recreation.
This 8,000 sq. ft. lot was the first to be claimed in the neighborhood. The kitchen is perfectly set up with a walk-in pantry, dramatic center island, and a separate dining area for more private gatherings. A large utility room, located next to the two-car garage and off the kitchen, keeps your items organized.
The beautiful wooden staircase leads to a dream relaxation area upstairs, featuring another family/media room overlooking the downstairs. The master suite is breathtaking, with a walk-in shower that doubles as a steam room, beautifully designed with marble and seating areas. Completely separate from the other rooms, it feels like a vacation space.
The supersized laundry room upstairs is another bonus. All bedrooms are ensuite, very generous in size, and equipped with walk-in closets. This private neighborhood and its layout won the Best Designed Home in the United States the year it was built, receiving significant media attention. The complex sold out within weeks and has maintained its unique vibe.
Mesa Verde is the perfect location-quiet and tranquil yet close to freeway access, beaches, and the famous shopping and art districts. Truly, the pictures are good, but this is a must-experience home.
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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 |
|---|---|---|---|
| Sep 26, 2024 | Sold | ||
| Sold | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| Jul 10, 2024 | Listed by Torelli Realty | $3,298,000 | |
| Listed by Torelli Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017