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685 Esplanade
About This Property
Inside this sprawling 5,200 sq ft home are 4 large bedrooms and 3.5 baths. As you enter the unique double-height foyer, you're ushered into a living space that's tailor-made for both relaxation and grand entertaining.
Let the outside in as the family room seamlessly blends with the meticulously crafted pool, spa, and patio. Here, a lush canopy of trees provides a private oasis, ensuring cherished moments with loved ones. Beyond this, your own secret garden awaits - a tranquil, Zen-inspired space brimming with potential and beautifully illuminated with custom lighting.
Equipped with modern luxuries: 5 Zone heating, 4 Zone Central Air, Central Vacuum, an expansive 3 car garage, advanced security systems, custom outdoor lighting, and a finished basement.
Location? Unbeatable. Steps from Siwanoy elementary school, a stroll from several parks, the Pelham library, and so much more. Both the Pelham Country Club and New York Athletic Club are within cycling distance, and Pelham Manor's waterfront Shore Park - complete with a playground, gazebo, and scenic trails - is at your fingertips.
While 685 Esplanade offers seclusion, NYC's heartbeat is within reach - a mere 28-minute journey via the Metro North. The metro-north station is an easy walk from the house.
Experience paradise, right here at 685 Esplanade. Additional Information: Amenities:Marble Bath,Soaking Tub,Stall Shower,ParkingFeatures:3 Car Attached,
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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 3, 2024 | Sold | ||
| Sold | |||
| Dec 7, 2023 | In contract | - | |
| In contract | |||
| Sep 15, 2023 | Listed | $2,450,000 | |
| Listed | |||
| Aug 21, 2023 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 14, 2023 | Price Decreased |
$2,748,000
↓ $207K
(7%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017