7509 Balmoral Way
About This Property
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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 15, 2025 | Sold | ||
| Sold | |||
| Jul 23, 2025 | In contract | - | |
| In contract | |||
| Jul 18, 2025 | Listed by Town Real Estate | $2,889,000 | |
| Listed by Town Real Estate | |||
| Jun 5, 2025 | Listed | $2,950,000 | |
| Listed | |||
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Stunning, rarely available Brookefield's largest floor plan with casita in the Santorini neighborhood in Windemere. Step through a gated courtyard with pergola into a grand two-story entry featuring marble tile flooring, a mosaic medallion, wrought iron staircase, & chandelier. The formal living room offers a gas fireplace & opens to a covered loggia with fireplace—perfect for indoor/outdoor living. Downstairs also includes the 6th bedroom/ flex room (no closet) perfect for office or guest suite with a nearby full bath. Entertain in the expansive great room with a chef’s kitchen showcasing granite slab countertops, large island with bar seating, stainless steel appliances (6-burner cooktop, double oven, built-in microwave), walk-in pantry, & tech center with built-in desk. The spacious family room includes a fireplace, media niche, & access to the backyard oasis.The oversized primary suite includes a luxurious bath with jetted tub, dual vanities, makeup station & custom walk-in closet. Front bedrooms share access to a large covered balcony.The detached casita offers a full bath. Beautifully landscaped backyard w/ stone tile hardscape, fruit trees, built-in BBQ with pergola, & loggia. Solar owned. Close to parks, dog park and hiking trail, & schools!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017