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3023 Mallory Drive
About This Property
Discover elevated new construction living in this striking 2026 contemporary residence offering 4 bedrooms, 3 full baths, 1 half bath, and approximately 2,305 square feet of refined living space. Thoughtfully designed with a sophisticated blend of modern architecture and warm natural elements, this home showcases soaring ceilings, custom millwork, decorative wood beams, designer lighting, and two statement fireplaces.
The chef-inspired kitchen serves as the centerpiece of the home, featuring an oversized waterfall island, custom cabinetry, designer tile backsplash, statement vent hood, and abundant storage. The private primary retreat is complemented by a spa-inspired ensuite showcasing dual vanities, custom cabinetry, a freestanding soaking tub, and an expansive glass-enclosed walk-in shower with dual shower fixtures. A dramatic wood-plank ceiling, designer lighting, and elegant finishes create a true retreat-like atmosphere.
Custom details continue throughout with a stylish built-in drop zone, thoughtfully appointed secondary spaces, and an open-concept design ideal for everyday living and entertaining. Outside, enjoy a covered patio and spacious approximately 0.32-acre lot with newly installed fencing and room to relax or entertain. The contemporary exterior combines bold dark siding, crisp contrasting finishes, natural wood accents, and a 2-car attached garage. No HOA.
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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 |
|---|---|---|---|
| Oct 14, 2026 | Sold | ||
| Sold | |||
| Sep 17, 2026 | In contract | - | |
| In contract | |||
| Sep 12, 2026 | Relisted | $449,999 | |
| Relisted | |||
| Sep 6, 2026 | In contract | - | |
| In contract | |||
| Aug 29, 2026 | Listed by Monument Realty | $449,999 | |
| Listed by Monument Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017