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245 Menlo Park Road
About This Property
A soaring two-story foyer introduces a sun-filled interior highlighted by 10' ceilings, extensive custom and raised-panel moldings, and walls of windows throughout the dramatic two-story family room. The first floor offers a formal study, elegant dining room, gracious living room, and a four-season room, providing exceptional space for both everyday living and large gatherings.
The luxurious primary suite is truly resort-inspired, featuring a beautifully tiled glass-enclosed shower, double vanities, and generous space worthy of a king and queen. Additional bedrooms are all generously sized with convenient bath access.
The professionally finished lower level expands the living space even further with a media room, family room, and second custom office, making it ideal for recreation, working from home, or entertaining guests. Full bathroom in basement perfect for au pair or in-laws.
Outside is where this property truly distinguishes itself. Enjoy your own private retreat featuring a heated saltwater in-ground pool, covered patio, pool house with bathroom and changing area, outdoor kitchen, gas fire pit, pool fountain, and Sonos system with exterior speakers. The expansive grounds also feature a private tennis and basketball court, fully fenced yard, in-ground sprinkler system, large shed with electric, and an impressive custom paver driveway. The pool liner was replaced in 2023. You could not replicate this home with these upgrades today for less than $2mm.
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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.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 24, 2026 | In contract | - | |
| In contract | |||
| Aug 19, 2026 | Listed by Gucciardo Real Estate Group LLC | $1,549,800 | |
| Listed by Gucciardo Real Estate Group LLC | |||
| Jan 7, 2011 | Sold | ||
| Sold | |||
| Mar 17, 2009 | Listed by Howard Hanna | $899,900 | |
| Listed by Howard Hanna | |||
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distinctive custom homes by Frank Rossi. exquisite amenities throughout including gourmet kitchen, cherry wood library. beautiful master suite and finished basement with kitchen, full bath, study area, family room and bedroom. an ideal nanny or in-law quarters -- Condition-New
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About Schenectady
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017