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5251 Princeton Way
About This Property
The quintessential lifestyle of Woodfield Country Club is embodied in this elegant Mediterranean estate with a transitional contemporary interior; almost 9,000 square feet of living space includes 6 bedrooms, 7 full baths and 2 half baths in the private enclave of Princeton Estates. An inviting living room with fireplace showcases the sprawling fountained pool, covered loggias, summer kitchen and patio views, all overlooking the golf course, sunsets and the western horizon. Features also include a dramatic staircase leading to the upstairs master suite, gym, playroom and 3 additional en-suite bedrooms. Billiard room, office and en-suite bedroom on first floor. Impact glass windows, 4-bay garage, five-zone AC and back-up generator.
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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 |
|---|---|---|---|
| Apr 17, 2019 | Sold | ||
| Sold | |||
| Sep 20, 2018 | Listed by One Sotheby's International Realty | $3,995,000 | |
| Listed by One Sotheby's International Realty | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| May 30, 2018 | Relisted | $4,495,000 | |
| Relisted | |||
| Jul 30, 2017 | Listed | $4,495,000 | |
| Listed | |||
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Facing west on the golf course from lushly landscaped grounds, this majestic Mediterranean-inspired estate opens to a magnificent outdoor entertainment space featuring an elegant fountained pool and spa next to wraparound loggias served by a summer kitchen. A half-court basketball court is also on the property. Exquisite details give refined elegance in a luxurious total of 11,763+/- square feet with six bedrooms, seven full and two half baths, a four-bay garage, five-zone cooling, impact-glass windows, and a back-up generator. The manager has listed the unit size as 8984 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017