2515 RIDGEWIND WAY
About This Property
This thoughtfully designed residence offers four spacious bedrooms, plus a dedicated office/study with its own closet, an ideal fifth bedroom, nursery, guest room, or flex space to suit your needs.
As you arrive, you're greeted by an elegant front yard and an impressive arched entryway with a glazed front door, setting the tone for the sophistication within. The foyer offers a captivating first impression, with an open view of the stunning outdoor space beyond. To the side, a large dining area and spacious living room create a welcoming atmosphere. Just off the entryway, the versatile office/study showcases the home's flexible layout.
At the heart of the home, the expansive open-plan kitchen and family room seamlessly blend style and functionality. Sleek white cabinetry, Quartz countertops, and wood plank tile flooring enhance the kitchen's charm, while a cozy seating area overlooks the pool, perfect for casual meals. The family room flows effortlessly onto the pool deck, offering an indoor-outdoor lifestyle ideal for gatherings or quiet relaxation. Thoughtfully designed built-in cabinetry and an electric fireplace add warmth and elegance.
The primary suite is a true retreat, featuring direct access to the pool deck, dual walk-in closets, and a spa-like ensuite with a freestanding tub, walk-in shower, and twin vanities. On the opposite side of the home, two additional bedrooms share a Jack & Jill bathroom, creating a comfortable and functional layout. Upstairs, the possibilities are endless-this space serves as a fourth bedroom with its own full bath, a game room, or a media lounge. Custom built-ins include a TV unit and a pull-out bed, which can be discreetly tucked away when not in use.
Step outside to a backyard that redefines Florida living. The expansive, extended pool deck offers multiple spaces to relax, entertain, or simply soak in the sunshine. A large covered pavilion, designed to complement the home's architecture, provides the ultimate hosting space with an outdoor kitchen, bar, TV, and seating area-a place where you'll want to spend every moment. The additional poolside seating area, complete with a second TV and ample lounge space, makes this outdoor retreat as functional as it is beautiful. Whether enjoying a morning coffee, a weekend BBQ, or an evening with friends and family, this space elevates every experience.
And let's not forget those who love the pool-a great size for swimming, splashing around, or relaxing in the hot tub. If that's not enough, grab a glass of wine and step out to the well-built propane gas fire pit, the perfect spot to sit and unwind. For sports lovers, the large yard is a dream come true for soccer, baseball, or football. With such a generous lot size, there's also ample room to expand the home or add even more outdoor features to suit your lifestyle.
Completing this exceptional home is a three-car garage and an extended driveway, offering ample parking for family and guests. Don't miss this rare opportunity to enjoy the finest in Windermere living.
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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 |
|---|---|---|---|
| May 28, 2025 | Sold | ||
| Sold | |||
| May 3, 2025 | In contract | - | |
| In contract | |||
| Apr 29, 2025 | Price Decreased |
$1,299,999
↓ $50K
(3.7%) | |
| Price Decreased | |||
| Apr 18, 2025 | Price Decreased |
$1,350,000
↓ $25K
(1.8%) | |
| Price Decreased | |||
| Apr 6, 2025 | Price Decreased |
$1,375,000
↓ $25K
(1.8%) | |
| Price Decreased | |||
Property Highlights
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About Estates at Windermere
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017