48 Bantala Pl
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Sep 12, 2024 | Sold | ||
| Sold | |||
| Aug 13, 2024 | In contract | - | |
| In contract | |||
| Jul 11, 2024 | Listed by LIV Sotheby's International Realty | $2,500,000 | |
| Listed by LIV Sotheby's International Realty | |||
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Welcome to this Frank Lloyd Wright-inspired masterpiece on nearly 2 acres in the prestigious Village at Castle Pines. The exterior grounds are an entertainer's paradise, featuring a beautiful lily pond and water feature that provide a tranquil ambiance. The multi-tiered hardscape includes a built-in Viking grill and fire pit, perfect for hosting intimate and large groups. Multiple gathering spaces offer endless opportunities for outdoor enjoyment. A backdrop of majestic Ponderosa Pines ensure complete privacy. Inside, the spacious rooms and great flow of the home make it ideal for relaxation and entertaining. The fully updated kitchen boasts top-of-the-line Miele appliances, a Cambria Quartz island, and ample storage. It opens into the great room, anchored by a cozy brick fireplace, extending to an expansive covered deck that blends indoor and outdoor living. The formal dining room features coffered ceilings and a window framing Frank Lloyd Wright's "Contemplative Sprite" statue in the courtyard. The main floor primary suite is a sanctuary with its own fireplace, private deck access, and luxurious bath with heated floors, double vanities, a soaking tub and a remote-controlled shower. The suite also includes a large walk-in closet and connects to the den/library, adorned with rich wood paneling and built-in shelving. A fully remodeled half bath and laundry room complete the main floor. Descend the redesigned staircase to the walk-out lower level, featuring high ceilings and a large entertainment space with a full bar and fireplace. This level includes three secondary bedrooms, a shared full bath and 3/4 bath. Additionally, a 900+/- bottle wine room and a private office/flex space provide extra luxury and functionality. Double doors lead to a covered flagstone patio, providing easy access to the magnificent backyard. This extraordinary property combines the best of transitional architectural elegance and natural beauty, creating a unique living experience.
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| May 8, 2017 | Sold | ||
| Sold | |||
| Feb 16, 1993 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017