4512 Banyan Lane
About This Property
The main level features three bedrooms & two full baths, including a luxurious primary retreat with a spa-inspired bath, dual-shower heads, and oversized custom closet. Multiple living spaces on the first floor provide flexibility for formal entertaining, executive work-from-home space, or a private lounge setting. At the center of the home, the kitchen anchors the layout with granite surfaces, stainless steel appliances, abundant cabinetry, & an oversized island designed for gathering. It transitions seamlessly into the family room & extends toward the outdoor living area, creating a true indoor-outdoor experience. Upstairs, three additional bedrooms, two full baths, & a spacious media or game room offer elevated versatility.
The covered patio is fully equipped with an outdoor kitchen, built-in gas grill, & granite-topped island-designed for year-round hosting.
Originally crafted by respected custom builder Tom Greico, the residence reflects enduring architectural character and thoughtful detailing. A three-car garage, extended parking pad, plantation shutters, art niches, & functional mudroom storage enhance both form and function.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Apr 24, 2026 | Sold | ||
| Sold | |||
| Mar 26, 2026 | In contract | - | |
| In contract | |||
| Mar 17, 2026 | Price Decreased |
$1,070,000
↓ $80K
(7%) | |
| Price Decreased | |||
| Mar 10, 2026 | Price Decreased |
$1,150,000
↓ $49K
(4.1%) | |
| Price Decreased | |||
| Feb 26, 2026 | Price Decreased |
$1,199,000
↓ $41K
(3.3%) | |
| Price Decreased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017