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3406 Rice Boulevard
About This Property
Dramatic iron and glass entry opens to light-filled interiors with French engineered oak floors and seamless living spaces. Chef's kitchen features Sub-Zero and Wolf appliances, quartzite countertops, and custom cabinetry.
All bedrooms offer en-suite baths, including a luxurious primary suite with spa-like bath. Formal dining, home office, and game room provide added flexibility.
Covered patio with summer kitchen and spacious backyard with room for a pool completes this exceptional offering, just moments from top-rated West University schools, parks, and dining.
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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 15, 2026 | Sold | ||
| Sold | |||
| Apr 26, 2026 | In contract | - | |
| In contract | |||
| Apr 10, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 9, 2026 | Listed by Martha Turner Sotheby's International Realty | $3,595,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| Sep 5, 2025 | Listed by Martha Turner Sotheby's International Realty | $3,650,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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Another impressive new construction by Laird Custom Homes, this brick residence sits on an oversized lot along an iconic West University street. The home features French oak engineered wood floors, a custom iron and glass entry, and Benedettini cabinetry throughout. The kitchen boasts a Sub-Zero refrigerator with Wolf oven and range, while the primary bath showcases rift-cut white oak cabinetry. A true luxury in West U, this home offers a full backyard with space to play, relax, and even add a pool. Outdoor living is complete with a covered patio, grill, and sink—all just four blocks from West U Elementary.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017