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About This Property
This property is a **former model home** in the **Lennar "Adagio"** community, a **Single Family Detached Condo** located on a **corner lot end unit**, offering excellent privacy, an open layout, and abundant natural light. **The homeowner has retained all furniture and decor**, preserving the high-end aesthetic of the model home.
The interior is thoughtfully designed with **high-end GE Monogram "Professional Series" stainless steel appliances**, including a **48-inch 6-burner gas cooktop with griddle, professional range hood, 42-inch refrigerator, dishwasher, farmhouse-style sink, built-in oven, and microwave**. The **large quartz island** seamlessly connects to the **Great Room**, while custom cabinetry with **soft-close features** enhances both aesthetics and functionality. A **beautiful fountain** highlights the landscaped side patio, and parts of the master bedroom feature **motorized smart shades** for added convenience.
Ideally located **just steps from Cadence Park and Bosque Trail**, this home offers easy access to scenic walking paths and green spaces. According to the condominium plan, the exclusive lot area is approximately **5,838 sq. ft.** As a former model home, it has been well-maintained and remains in near-original condition.
Residents of **Great Park** enjoy **world-class amenities**, including **five parks, four spas, basketball courts, two Olympic-sized pools, a recreation center, sports courts, a dog park, biking trails, and hiking paths**, providing a vibrant and active lifestyle.
Please note: The listing photos were taken some time ago, and the current condition may vary slightly.
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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%.
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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.
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 |
|---|---|---|---|
| Nov 13, 2025 | Sold | ||
| Sold | |||
| Oct 11, 2025 | In contract | - | |
| In contract | |||
| Sep 16, 2025 | Listed by Keller Williams Legacy | $2,090,000 | |
| Listed by Keller Williams Legacy | |||
| Apr 29, 2025 | Price Decreased |
$2,190,000
↓ $60K
(2.7%) | |
| Price Decreased | |||
| Feb 12, 2025 | Listed | $2,250,000 | |
| Listed | |||
| | |||
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**Former Model Home | Lennar "Adagio" Project**
This property is a **former model home** in the **Lennar "Adagio"** community, a **Single Family Detached Condo** located on a **corner lot end unit**, offering excellent privacy, an open layout, and abundant natural light. **The homeowner has retained all furniture and décor**, preserving the high-end aesthetic of the model home.
The interior is thoughtfully designed with **high-end GE Monogram "Professional Series" stainless steel appliances**, including a **48-inch 6-burner gas cooktop with griddle, professional range hood, 42-inch refrigerator, dishwasher, farmhouse-style sink, built-in oven, and microwave**. The **large quartz island** seamlessly connects to the **Great Room**, while custom cabinetry with **soft-close features** enhances both aesthetics and functionality. A **beautiful fountain** highlights the landscaped side patio, and parts of the master bedroom feature **motorized smart shades** for added convenience.
Ideally located **just steps from Cadence Park and Bosque Trail**, this home offers easy access to scenic walking paths and green spaces. According to the condominium plan, the exclusive lot area is approximately **5,838 sq. ft.** As a former model home, it has been well-maintained and remains in near-original condition.
Residents of **Great Park** enjoy **world-class amenities**, including **five parks, four spas, basketball courts, two Olympic-sized pools, a recreation center, sports courts, a dog park, biking trails, and hiking paths**, providing a vibrant and active lifestyle.
Please note: The listing photos were taken some time ago, and the current condition may vary slightly.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017