2023 Arroyo Drive
About This Property
A dramatic split foyer with a wide staircase welcomes you into the elevated living spaces, where floor-to-ceiling, wall-to-wall windows and glass doors frame breathtaking views of the golf course, city lights, and surrounding mountains. The open-concept layout offers distinct living areas, including a cozy conversation space centered around a custom European circular fireplace, a spacious dining area, and an expansive media space-all designed to make the most of the stunning scenery.
The remodeled kitchen is a chef's dream, featuring sleek stone countertops, built-in appliances, and custom contemporary hardwood cabinetry. A private study or library, tucked behind a stylish sliding barn door, provides the perfect retreat for work or relaxation.
On the lower level, you'll find all the bedrooms, including a luxurious primary suite complete with a spa-like bathroom and a massive walk-in closet with custom built-ins. Additional features include a sunken, climate-controlled wine cellar, a large indoor laundry room, and a secondary home office space.
Step outside to discover multi-level decks, ancient oak trees, and a variety of outdoor entertaining areas that create a serene environment for relaxing or hosting. This stunning property truly offers a one-of-a-kind lifestyle, combining exceptional design, privacy, and natural beauty. A truly irreplaceable residence to call home!
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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 |
|---|---|---|---|
| Jul 15, 2026 | Sold | ||
| Sold | |||
| May 19, 2026 | In contract | - | |
| In contract | |||
| Mar 24, 2026 | Listed by COMPASS | $1,599,900 | |
| Listed by COMPASS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017