407 Francis Lottie DR
About This Property
Inside, dramatic ceiling heights and expansive windows create a light-filled, sophisticated atmosphere throughout the main living spaces. Architectural lines and thoughtful proportions enhance the home's modern elegance while maintaining warmth and livability.
A private office with glass-pane French doors sits just off the entry, providing a refined workspace framed by serene outdoor views, ideal for remote professionals or creative pursuits.
The fully enclosed media room is designed for elevated entertaining, offering a cinematic experience with surround sound, sound-dampening construction, wiring for a projector or large-format television, and custom built-ins that seamlessly conceal equipment.
Outdoors, the home truly shines. The backyard opens to uninterrupted green space, delivering private, tree-lined views rarely found in the neighborhood. Stone steps lead from the patio to two raised garden beds, perfect for cultivating herbs, vegetables, or seasonal plantings. Both the front and backyard are adorned with a lush jasmine trellis, adding fragrance, texture, and timeless charm.
Completing the home is a garage finished with brand-new professional epoxy flooring, offering a clean, polished space that reflects the same level of care found throughout the residence.
With its premier cul-de-sac location, refined interiors, and rare greenbelt backdrop, this home offers an elevated living experience that blends privacy, design, and everyday luxury.
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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 |
|---|---|---|---|
| Mar 19, 2026 | In contract | - | |
| In contract | |||
| Feb 20, 2026 | Price Decreased |
$599,990
↓ $20K
(3.2%) | |
| Price Decreased | |||
| Jan 15, 2026 | Price Decreased |
$619,990
↓ $20K
(3.1%) | |
| Price Decreased | |||
| Dec 12, 2025 | Listed by Sage Space Real Estate LLC | $639,990 | |
| Listed by Sage Space Real Estate LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017