2737 Buckthorn Way
About This Property
Spanning over 7,200 square feet, the residence boasts 7 bedrooms, 5 full baths, and 1 half bath, with soaring ceilings and an abundance of natural light throughout. From the moment you step into the foyer, your gaze is drawn to the stunning grotto pool and the serene water and fairway views beyond. The two-story windows in the fireplaced living room bathe the space in radiant sunlight, creating an atmosphere of warmth and sophistication.
Perfect for hosting, the home includes a formal dining room and a well-appointed butler's pantry and bar. The chef's kitchen and family room offer breathtaking views of the 5th hole of the Pine Course, with corner pocketing sliders that seamlessly transition to the expansive lanai, creating a seamless indoor-outdoor living experience.
The first floor includes three en suite bedrooms, including the luxurious owner's suite with tall sliders opening to the pool and captivating views. A private study with built-ins and a versatile computer/game room add functionality and charm. Upstairs, four additional en suite bedrooms surround a vast unfinished space, ideal for a home theater, in-law apartment, or other creative uses. A sprawling covered veranda provides a serene vantage point to take in the tranquil pool, lake, and fairway.
The property also includes garage parking for four vehicles, with two bays attached to the main house and an additional two bays in a detached carriage house that features a workshop and ample storage.
Whether you choose to embrace the timeless elegance of the existing home or envision a new creation that takes full advantage of this exceptional site, 2737 Buckthorn Way offers limitless possibilities. This is more than a home-it's an invitation to live your best life in one of Grey Oaks' most spectacular locations.
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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 |
|---|---|---|---|
| Mar 21, 2025 | Sold | ||
| Sold | |||
| Feb 13, 2025 | In contract | - | |
| In contract | |||
| Jan 9, 2025 | Relisted | $5,495,000 | |
| Relisted | |||
| Dec 25, 2024 | In contract | - | |
| In contract | |||
| Nov 8, 2024 | Listed by William Raveis Real Estate | $5,495,000 | |
| Listed by William Raveis Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017