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7402 Hollytree Drive
About This Property
Step inside through an elegant entry with soaring ceilings into a spectacular family room highlighted by a dramatic domed rotunda ceiling, an ornate fireplace, custom arched built-ins, and exceptional millwork. Deep crown molding, detailed trim, and arched openings showcase the craftsmanship found throughout. A formal dining room with a vaulted ceiling and a private study sit just off the entry. The spacious kitchen features abundant custom cabinetry, double ovens, a center island, bar seating, a built-in china cabinet, and a generous breakfast area.
The oversized primary suite is a luxurious retreat with its own rotunda ceiling and an ensuite bath offering dual vanities, a jetted tub, walk-in shower, and spacious closet. Three additional bedrooms complete the split floor plan with well-appointed shared baths. The 3,646 SF main home also includes an attached 2-car garage plus a golf cart garage.
Connected by a breezeway is the ultimate bonus: a two-story detached guest residence and car enthusiast's dream. The epoxy-finished garage features mini-split heating and cooling and has room for up to six vehicles. Upstairs offers approximately 2,142 SF of heated and cooled living space with a full kitchen, living room, bedroom, balcony, full bath, and half bath, making it ideal for guests, multigenerational living, a private office, or entertaining.
Outside, enjoy expansive covered patios, beautifully landscaped grounds, a sizeable backyard, and a charming gazebo, completing this truly one-of-a-kind Hollytree estate.
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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 |
|---|---|---|---|
| Aug 8, 2026 | Price Decreased |
$995,000
↓ $55K
(5.2%) | |
| Price Decreased | |||
| Jul 14, 2026 | Listed by Dwell Realty | $1,050,000 | |
| Listed by Dwell Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017