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55 Coves Run
About This Property
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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 |
|---|---|---|---|
| May 19, 2026 | Listed by Douglas Elliman Real Estate | $5,649,000 | |
| Listed by Douglas Elliman Real Estate | |||
| Dec 24, 2025 | No longer available | - | |
| No longer available | |||
| Sep 18, 2025 | Price Decreased |
$5,649,000
↓ $231K
(3.9%) | |
| Price Decreased | |||
| Apr 10, 2025 | Listed by Douglas Elliman Real Estate | $5,880,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Nestled at the end of a serene cul-de-sac, this breathtaking 9,400 sq. ft. estate offers an unparalleled blend of modern luxury and European inspired elegance. This exceptional home is designed for grand-scale entertaining and resort-style living.
Step inside to be greeted by soaring ceilings, sun drenched rooms and a dramatic open-concept layout. The residence features seven spacious bedrooms, seven full and one half bathrooms, and exquisite architectural details throughout. The chef’s kitchen is a masterpiece, boasting top-of-the-line appliances, custom cabinetry, and an oversized island. Entertain effortlessly in the formal dining room, grand living room, and billiard room, or work in style from the sophisticated home office.
For ultimate relaxation and recreation, the lower level is a haven of indulgence, complete with a basketball court, home theater, full bar, lounge, and both wet & dry saunas.
Outdoors, experience a true retreat with a gunite heated pool, a private tennis court, and multiple balconies offering breathtaking views of the lush grounds. The three-car garage adds convenience, while the estate’s end-of-cul-de-sac location ensures the utmost privacy.
A rare opportunity to own a one-of-a-kind luxury estate—schedule your private tour today!
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| Sep 19, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017