7199 TORY Lane
About This Property
The interior of this distinguished property boasts five en-suite bedrooms, including an in-law suite with its private entrance, a secluded study, a two-story volume game room/bar, a state-of-the-art chef's kitchen adorned with custom Italian cabinetry and a butler's pantry, a transparent wine room, an elevator for added convenience, a media room, lake-view balconies, and a capacious three-car garage. Outside, the estate unfolds to reveal a resort-style saltwater pool and spa with a swim-up bar and sun deck, a gourmet summer kitchen, and an outdoor living area complete with a bespoke fireplace.
Residents are treated to an array of premier amenities at Bay Colony, including access to the exclusive beach club, private beachfront dining, a tennis club, concierge services, and the option to join the esteemed Bay Colony Golf Club. This residence stands as an embodiment of unparalleled luxury, striking the perfect equilibrium between refined elegance and leisurely extravagance.
Furnishings provided by Robb & Stucky Interiors & Furnishings.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 27, 2025 | Sold | ||
| Sold | |||
| Mar 9, 2025 | In contract | - | |
| In contract | |||
| Feb 24, 2025 | Price Decreased |
$13,970,000
↓ $1M
(6.7%) | |
| Price Decreased | |||
| Jan 17, 2025 | Price Decreased |
$14,970,000
↓ $1M
(6.4%) | |
| Price Decreased | |||
| Dec 12, 2024 | Relisted | $15,990,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017