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400 NE Olive Way
About This Property
A grand entrance welcomes you into a world of effortless luxury, where 12-foot ceilings soar above limestone floors, reflecting the soft glow of cove lighting that artfully enhances the home's contemporary lines. A private study sits just beyond the foyer, offering a tranquil retreat for moments of focus and inspiration. Nearby, a gracefully positioned floating staircase ascends toward the upper levels, while an elevator glides seamlessly between floors, ensuring both convenience and grandeur.
At the heart of the home, a culinary atelier awaits. Designed for the epicurean at heart, the gourmet kitchen is a symphony of the world's finest appliances: a Wolf range, Miele microwave and oven, Dacor refrigerator and freezer, and an integrated Miele coffee system to perfect the art of the morning ritual. An elegant butler's pantry, discreetly outfitted with a Miele dishwasher, secondary sink, and generous storage, allows for seamless entertaining. A wine refrigerator, ice maker, and mini fridge cater to the connoisseur, ensuring that every occasion is met with effortless hospitality.
On the first level, a serene guest suite with a private en-suite bath provides an intimate haven of comfort. Step outside, and a world of alfresco indulgence unfolds. The covered cabana, adorned with a built-in wet bar and summer kitchen, sets the stage for evenings of fine dining under the stars. A detached cabana bath, artfully positioned for poolside convenience, enhances the seamless indoor-outdoor lifestyle.
The second level is a private sanctuary, where four resplendent en-suite bedrooms redefine modern elegance. The primary suite, a true retreat, boasts a bespoke built-out closet with island, while its spa-inspired bath invites moments of pure serenity. A second level living area offers a stylish and comfortable space for relaxation or gathering, enhancing the home's functionality and flow. Throughout this level, European white oak flooring lends an air of warmth and refinement, complementing the home's masterful design.
Ascending to the third floor, a multifunctional retreat ideal as a guest suite, private gym, or artist's studio features a full en-suite bath and leads to a crown jewel of the residence: the expansive rooftop terrace. With an outdoor kitchen and panoramic vistas, this private haven is the ultimate backdrop for sunset soirees and moonlit revelry.
Every element of this estate has been meticulously conceived for both form and function from the generator-ready infrastructure and three-zone climate control to the lift-ready garage and natural gas utilities. Quartz countertops, handcrafted millwork, and masterfully curated lighting converge in a home that is as breathtaking as it is livable.
A statement of modern grandeur, this extraordinary residence is a rare offering an invitation to experience Boca Raton living at its most exquisite.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 22, 2025 | Sold | ||
| Sold | |||
| Jul 8, 2025 | In contract | - | |
| In contract | |||
| Jun 9, 2025 | Price Decreased |
$6,995,000
↓ $5K
(0.1%) | |
| Price Decreased | |||
| Jun 3, 2025 | Price Decreased |
$6,999,999
↓ $295K
(4%) | |
| Price Decreased | |||
| May 15, 2025 | Price Decreased |
$7,295,000
↓ $200K
(2.7%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Boca Raton Riviera
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$14,750 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017