5817 Red Wolf Lane
About This Property
A seamless transition of the expansive limestone veranda continues outside, featuring a stunning hand-painted mural that says "The Good Life" in Latin. Culinary pursuits await in the gourmet kitchen, where London-inspired frescoes and cast-stone surround a suite of SubZero, Viking, & Gaggenau appliances. A butler's pantry ensures every gala executes with precision. The primary wing is an enclave of indulgence, where hand-painted ceilings and a fireplace lead to his & hers retreats adorned with beautiful marble floors. For the fashion connoisseur, two expansive walk-in closets and a two-story walk-in cedar closet provide a gallery-like space for any collection. Conveniently located in the next room is your home gym.
Outside, the estate feels like a private European resort. Spend afternoons by the lap pool and spa, entertain with the wet bar, or wander through lush gardens to the greenhouse. For the automotive collector, a finished 20-car garage complex with lifts and a full living quarters awaits. A full-size guest house also resides on the grounds.
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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.
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 21, 2026 | Listed by Ebby Halliday, REALTORS | $21,500,000 | |
| Listed by Ebby Halliday, REALTORS | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017