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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 8, 2026 | Sold | ||
| Sold | |||
| Mar 10, 2026 | In contract | - | |
| In contract | |||
| Feb 24, 2026 | Listed by Douglas Elliman Real Estate | $2,950,000 | |
| Listed by Douglas Elliman Real Estate | |||
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A distinguished six-bedroom, 5.5-bathroom custom Colonial embodying Old World elegance and timeless sophistication, set on an expansive 0.59-acre property (just over half an acre) in the exclusive Back of Lawrence with sweeping golf course views. A gracious entry foyer with soaring ceilings unveils beautifully proportioned interiors, leading to a refined living room with fireplace and French doors—an inviting setting for both formal entertaining and intimate gatherings. The formal dining room transitions seamlessly into an expansive gourmet kitchen appointed with premier Viking and Sub-Zero appliances, bespoke Poggenpohl cabinetry, dual Franke sinks, and two Asko dishwashers—where artisanal craftsmanship meets modern luxury.
The sumptuous primary suite serves as a tranquil private sanctuary. The primary en suite bath offers a serene retreat, featuring marble floors and walls, a deep soaking tub, a separate glass-enclosed shower, dual vanities, a private toilet room, and an adjoining Grand Dressing Suite.
Additional living spaces include a versatile den or guest suite, a private sauna, a wine cellar with bar, and a dedicated media room—thoughtfully designed for both grand-scale entertaining and everyday comfort.
The estate-like grounds span just over half an acre, offering exceptional outdoor space complete with a beautifully landscaped yard, expansive patio, in-ground pool, hot tub, and fully equipped outdoor kitchen. A two-car garage completes this exceptional offering—a rare blend of European-inspired grandeur, refined comfort, and resort-style living.
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| Aug 10, 2018 | No longer available | - | |
| No longer available | |||
| Jun 19, 2018 | Listed | $2,388,888 | |
| Listed | |||
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Stunning 6 Br, 5.5 Bath Custom Colonial. Entry Foyer, Lr W/Fireplace. French Doors. Formal Dr. Expansive Custom Gourmet Kitchen, Viking Stove & Fridge, Poggenpohl Cabinetry, 2 Sisko Dishwashers, 2 Franke Sinks. Stunning Master Suite. Oppulent Marble Bathrooms. Den/Br. Game Rm. Beautiful Yard, Patio, Inground Pool, Hot Tub, Outdoor Kitchen. Golf Course Views. 2 Car Garage. The manager has listed the unit size as 4981 square feet.
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About Five Towns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017