40
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1920 Midlane
About This Property
Upstairs, the primary ensuite is a serene and sophisticated sanctuary, featuring vaulted ceilings, refined marble and brass finishes, an oversized cast stone soaking tub, and a luxurious dual thermostatic shower. Adjoining the primary suite is a stunning gym or bonus room with cathedral ceilings and abundant natural light, offering the perfect space for wellness, work, or relaxation. Two additional bedrooms share a beautifully appointed full bath, and each bedroom features custom closets, complemented by a linen closet for added storage. A convenient laundry room is located off the primary suite. The grounds are equally impressive, offering a private, resort-like setting with estate-quality landscaping surrounding the residence and cottage, while beautifully framing the patios, walkways, and outdoor living spaces. A 37-zone digital irrigation system keeps the property lush and pristine, enhancing the natural beauty of the acreage throughout the seasons. Thoughtfully designed with both elegance and efficiency in mind, the home features abundant natural light, wide-plank white oak floors, hydronic heating, central vacuum, alarm system, exterior Ring cameras, Sonos sound system, generator and numerous energy-efficient upgrades throughout. A rare and remarkable offering in one of Muttontown's most beautiful settings, this exceptional turnkey residence blends classic Shingle Style architecture with sophisticated modern luxury, exquisite finishes, thoughtful design, and extraordinary detail - all with low taxes $25,492 and located within the Jericho School District.
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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 |
|---|---|---|---|
| Aug 20, 2026 | In contract | - | |
| In contract | |||
| Jun 24, 2026 | Listed by Daniel Gale Sothebys Intl Rlty | $3,739,000 | |
| Listed by Daniel Gale Sothebys Intl Rlty | |||
| Sep 18, 2023 | Sold | ||
| Sold | |||
| Jul 11, 2023 | In contract | - | |
| In contract | |||
| Jun 7, 2023 | Listed by Owner Entry.com | $2,388,000 | |
| Listed by Owner Entry.com | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017