231 Via Las Brisas
About This Property
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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.
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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 |
|---|---|---|---|
| Dec 16, 2025 | Sold | ||
| Sold | |||
| Oct 20, 2025 | In contract | - | |
| In contract | |||
| Mar 4, 2025 | Listed by The Corcoran Group | $21,500,000 | |
| Listed by The Corcoran Group | |||
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Discover this stunning and sprawling one-level 5-bedroom home in prestigious Phipps Estates. Thoughtfully designed with ultra-high ceilings and hurricane-impact windows and doors, the estate welcomes you with a grand center foyer and a desirable split floor plan.
The expansive primary suite offers unparalleled luxury with dual partner baths, private dressing rooms/closets, and a cozy sitting area/office. A spacious eat-in kitchen with oversized island and separate butler's pantry opens to the family room and extends seamlessly to a beautiful loggia, complete with a barbecue and summer kitchen—perfect for entertaining. Outdoors, you'll find an absolutely breathtaking pool and lushly landscaped gardens, creating your private oasis. The home also features a full house generator, providing peace of mind and uninterrupted comfort.
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| Jun 24, 2014 | Sold | ||
| Sold | |||
| Nov 19, 2013 | Listed by The Corcoran Group | $6,850,000 | |
| Listed by The Corcoran Group | |||
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About Phipps Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017