509 W Winnie Way
About This Property
Bathed in natural light with a desirable south-facing orientation, this home exudes a bright and airy ambiance throughout. Featuring 4 spacious suites, the home offers a versatile layout, including a downstairs suite perfect for guests or multi-generational living.
Upon entry, you are greeted by a grand formal foyer with soaring high ceilings, creating a striking first impression. The living room, adorned with elegant maple flooring, seamlessly flows into a beautifully wood-decorated office, offering the perfect balance of relaxation and productivity.
The open-concept kitchen is designed for the discerning chef, showcasing high-end appliances, custom cabinetry, and an additional second kitchen for added convenience. A charming breakfast nook provides serene views of the backyard, while the adjacent family room opens to the outdoor oasis through sliding doors. The backyard features a pavilion and a sparkling swimming pool with a fountain, making it perfect for both entertaining and unwinding. Walk up the grand spiral staircase to the second floor, where a cozy loft offers a versatile space for a tea nook or relaxation area. The luxurious master suite is a true retreat, with an expansive layout, a spa-like bathroom, and a double-sized walk-in closet that will impress even the most discerning buyers. Two generously sized guest suites offer ample space and comfort for family and visitors. Rich solid wood and maple flooring throughout the first floor and stairs add warmth and sophistication to the home. The windows are elegantly dressed with custom-designed drapes and shutters, ensuring both privacy and style.
This extraordinary property presents a rare opportunity to own a Robert Tong-designed home in one of Arcadia's most coveted locations. With its perfect blend of luxury, comfort, and prime location, this residence epitomizes the finest in Arcadia living. Don't miss your chance to make this exceptional property your own.
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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 |
|---|---|---|---|
| Jun 3, 2025 | Sold | ||
| Sold | |||
| Apr 29, 2025 | In contract | - | |
| In contract | |||
| Mar 15, 2025 | Listed by RE/MAX PREMIER/ARCADIA | $3,380,000 | |
| Listed by RE/MAX PREMIER/ARCADIA | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017