3 Point Crescent
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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 |
|---|---|---|---|
| Nov 4, 2025 | Sold | ||
| Sold | |||
| Aug 29, 2025 | In contract | - | |
| In contract | |||
| Jul 24, 2025 | Price Decreased |
$5,888,000
↓ $362K
(5.8%) | |
| Price Decreased | |||
| May 13, 2025 | Listed by Keller Williams Rlty Landmark | $6,250,000 | |
| Listed by Keller Williams Rlty Landmark | |||
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ENJOY LUXURY LIVING AND A SERENE LIFESTYLE -MINUTES FROM MANHATTAN! This magnificent luxury property in Malba, NY, offers a stunning water view and exceptional design details. Situated on a 17,367 sq. ft. waterfront lot (99 x 175) and boasting 7500 sq. ft. of living space plus approximately 3,000 sq. ft. additional space in the lower level, this home features 18 rooms(including lower level), 7 bedrooms, 9 full baths (most ensuite), and one half bath. The thoughtfully integrated layout has helped create a home that offers both privacy and adaptability, catering to the owners’ various activities and evolving lifestyle needs.
This home includes: High-end quality construction throughout utilizing only the finest materials and finishes; A variety of coffered, tray and vaulted ceilings with recessed panels used throughout the home adding depth and a true sense of elegance; Inlaid wood and custom designed panels add to the appeal of this spacious home that has at minimum 10-12’ high ceilings throughout; Decorative support columns in the entryway add to the luxurious feel as one enters the home; High-end custom wood flooring (with inlaid wood design in some areas) is used throughout in addition to select marble and tiled areas;
Palladian and floor-to-ceiling windows are in many rooms to add to the bright, sunny feel of the home while allowing maximum visibility of the waterfront views; Three working fireplaces throughout the home, each beautifully designed to create a central focus - and warmth - for the rooms they are situated in;
Gourmet kitchen complete with solid granite and quality tile; Top-of-the-line cherry wood cabinets (some with etched-glass design) have the latest options to maximize storage; Soft-close drawers; Full center island with additional sink to maximize work area and complete with additional storage cabinets; High-end appliances including Viking stove, two dishwashers, wine fridge and warming oven; Full additional kitchen in the lower level including a Thermidor grill-top stove, Bosch dishwasher and authentic working pizza oven; Beautifully designed, spacious wine cellar; Designer baths all with tasteful tile, cabinetry and contemporary steam shower/toilet/tub fixtures; Main floor entryway is complete with a ½ bath featuring Sherle Wagner luxury bath fixtures; Ample closets for storage in each room and many are cedar closets for a more durable, appealing storage option; Oversized utility room housing 3 contemporary gas heaters equipped with piping for 6 zone heating and cooling; Hydronic hot water heater to help achieve the perfect indoor temperature.
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| Feb 22, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017