7517 4th Place
About This Property
From the moment you arrive, you'll appreciate the elegant paver driveway, durable concrete tile roof, hurricane impact windows and doors, upgraded insulation, and impressive 15 foot ceilings with tray ceiling details that create an open, airy feel throughout.
The chef's kitchen is designed to impress with custom cabinetry, waterfall edge countertops, a full height backsplash, a natural gas cooktop, and a spacious walk-in pantry. An oversized laundry room with custom cabinetry provides abundant storage and functionality.
Every bedroom is a private retreat, featuring a walk in closet and its own en-suite bathroom with custom tile finishes and frameless glass walk-in showers. The luxurious owner's suite offers a spa inspired bath complete with a soaking tub.
Designed for seamless indoor-outdoor living, the expansive covered lanai overlooks a custom pool surrounded by pavers and enclosed by a large picture-window screen enclosure, maximizing unobstructed views of your private acreage. A versatile flex room with direct access to the pool includes a full bathroom, making it ideal for multigenerational living, a private guest suite, home office, or pool cabana.
Additional premium features include an underground 500 gallon propane tank, natural gas cooktop, gas dryer hookup, gas tankless water heater, natural gas pool heater, and a whole-home standby generator capable of powering the entire residence during extended power outages.
Scheduled for completion prior to closing, this is a rare opportunity to own a one of a kind custom built estate where luxury, functionality, and quality craftsmanship come together on 2.5 private acres.
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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 |
|---|---|---|---|
| Jul 17, 2026 | Listed by EXP Realty LLC | $999,000 | |
| Listed by EXP Realty LLC | |||
| Jul 31, 2025 | Sold | ||
| Sold | |||
| Jun 22, 2025 | In contract | - | |
| In contract | |||
| Jun 2, 2025 | Price Decreased |
$150,000
↓ $42K
(21.9%) | |
| Price Decreased | |||
| May 29, 2025 | Price Decreased |
$192,000
↓ $8K
(4%) | |
| Price Decreased | |||
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About Hendry
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017