4 SHADY PINES DRIVE
About This Property
At the heart of the home, the gourmet kitchen is a dream for both everyday living and entertaining, showcasing granite countertops, a premium Thermador gas range, and a Sub Zero refrigerator. Just beyond, the sun filled conservatory provides the perfect place to gather with its inviting fireplace and custom bar area, making it an ideal setting for hosting friends and family. A private first floor guest suite with its own full bath offers comfort and privacy for overnight visitors, while a dedicated home office and elegant sitting room provide versatile spaces to fit your lifestyle.
The second level is anchored by an impressive primary retreat featuring a private sitting area complete with a mini refrigerator, an expansive walk in closet, and a luxurious spa inspired bath designed for ultimate relaxation. Three additional generously sized bedrooms complete the upper level, including one currently outfitted as a professional hair salon with endless possibilities for future use.
The finished lower level extends the home's exceptional living space with a full second kitchen and multiple areas for entertaining, relaxing, or hosting unforgettable celebrations.
Outside, your own private backyard oasis awaits. The beautifully designed heated pool with tanning ledges, elevated spa, expansive patio, covered lounge spaces, outdoor kitchen and bar, and professionally landscaped grounds create a true resort experience that can be enjoyed all season long.
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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 17, 2026 | In contract | - | |
| In contract | |||
| Oct 6, 2026 | Listed by Elite Realty Group Unl. Inc. | $3,199,000 | |
| Listed by Elite Realty Group Unl. Inc. | |||
| Oct 27, 2016 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017