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565 Mohawk Road
About This Property
This pristine home features five bedrooms, two full spa baths and a main floor powder room. Main floor boasts vaulted ceilings that extend to the second level with custom wood moldings, casings and railings throughout. Entry foyer has a coat closet and separate half bath/powder room. The spacious formal living room has a custom wood burning fireplace clad floor to ceiling in New England stone veneer. The oversized great room on main floor has room for a generous lounge area as well as an alternative dining space. Custom kitchen features hardwood cabinets, modern appliances and granite countertops with eat-in breakfast space around peninsula. The formal dining room is washed with natural light from custom arched windows. Adjacent to dining room is a spacious office/den that could be used as an additional bedroom.
Primary bedroom suite feels like a luxury hotel accommodation with a private entry foyer, on suite full spa bath with separate jacuzzi soaking tub and stand-up shower, large custom walk-in closets, vaulted ceiling and custom window seat.
Second level has two generous bedrooms, a full spa bath with a double sink, tub and shower and an additional bedroom with on suite laundry room.
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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%.
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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.
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 |
|---|---|---|---|
| Sep 1, 2026 | In contract | - | |
| In contract | |||
| May 29, 2026 | Listed by Douglas Elliman Real Estate | $1,390,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017