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2100 MAE STREET
About This Property
The original house was built in 1936 and has never stopped having that early 20th-century character. That matters. You feel it in the proportions of the rooms, in the way a wood-burning fireplace still anchors the living room the way it was always meant to, in the built-in shelving that was made for this wall and no other. Nine decades of Orlando have passed through here. This home has memories.
What it does not have is a to-do list. The renovations were deep and careful, preserving the soul while replacing everything behind it. Newer roof, new HVAC, new water heater, engineered wood and whitewashed wood-look tile floors, new pool motor and irrigation pump, EV charging. The kitchen was rebuilt around a ten-foot island, with solid wood soft-close cabinetry with dovetailed drawers, double built-in ovens, an induction cooktop, and a 166-bottle wine refrigerator that has hosted more than a few long evenings. The owner's suite overlooks the lake all day and hands you the sunset at night. Its bath was done properly: travertine marble underfoot, stone counters, dual sinks, a walk-in tiled shower, and a heated towel rack. Across the house, the secondary bedrooms are genuinely oversized, and their bath kept the clawfoot tub, because some things are better left alone. A fourth room overlooking the front yard has been an office, a nursery, and a guest room, depending on the decade.
Out back, the half-acre opens up with timeless appeal. Tall rear windows pull you toward the water from the moment you walk in, and the outdoor living space delivers on the promise: a resurfaced saltwater pool, an expansive Trex deck built for a crowd, lawn enough for a real party, and then the shoreline. The floating dock is where the day ends. A sunset cruise on the paddleboat is optional.
The circular drive handles guests without blocking anyone in, and the four-car double-stacked garage, a rare thing this close to downtown, comes with a generator and refrigerator. Boat, project car, bikes, kayaks, holiday everything. There is room for it all.
Available lakefront homes near SODO and the Hourglass District can be counted on one hand, and almost none of them come with this much land, this much garage, or this much character. If newer, cookie cutter homes have left you cold, ask for a late afternoon showing and give yourself time to stay through sunset. Nothing about this house photographs as well as it lives. Visit and imagine adding your memories to the storied charm of this one-of-a-kind 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 |
|---|---|---|---|
| Oct 21, 2026 | Relisted | $850,000 | |
| Relisted | |||
| Oct 19, 2026 | In contract | - | |
| In contract | |||
| Oct 9, 2026 | Price Decreased |
$850,000
↓ $19K
(2.2%) | |
| Price Decreased | |||
| Aug 13, 2026 | Price Decreased |
$869,000
↓ $16K
(1.8%) | |
| Price Decreased | |||
| Jul 16, 2026 | Price Decreased |
$885,000
↓ $14K
(1.6%) | |
| Price Decreased | |||
Property Highlights
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About Richmond Terrace
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$9,500 /mo
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- 2,895 ft²
$2,900 /mo
- 2 Beds
- 2 Baths
- 1,486 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017