39
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7517 Rodeo Drive
About This Property
A welcoming covered front porch opens to an elegant foyer flanked by a formal dining room and private study featuring French doors and built-in bookcases. The expansive great room is anchored by a fireplace and flows effortlessly into the spacious kitchen, where granite countertops, a large center island, abundant cabinetry, pantry and a sun-filled breakfast area create an inviting gathering space.
The primary retreat offers direct access to the back patio and a spacious ensuite bath with dual vanities, jetted soaking tub, separate shower, and walk-in closet. Three additional bedrooms are positioned on the main level, providing privacy and flexibility for family, guests, or multi-generational living. An additional downstairs flex room offers possibilities as a second living area, hobby room, playroom, or additional workspace. A large utility room and separate mudroom add everyday convenience.
Upstairs, a spacious bonus room with built-in workstations and a full bath creates an ideal destination for recreation, studying, gaming, or guests. The side-entry three-car garage provides additional storage with convenient attic access.
Recent improvements further enhance this move-in-ready home including, HVAC Updates - Unit 1 replaced in 2026 and includes a transferable warranty, Unit 2 replaced approximately 2022–2023, new carpet in May 2026, updated plumbing fixtures & shutoff valves, a hot-water circulation pump, interior paint touch-ups, sprinkler system servicing and professionally trimmed trees.
This property offers the space and tranquility of country living while delivering the comfort and versatility of a beautifully appointed estate home.
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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 |
|---|---|---|---|
| Sep 3, 2026 | Price Decreased |
$699,900
↓ $20K
(2.8%) | |
| Price Decreased | |||
| Aug 13, 2026 | Listed by Keller Williams Realty | $719,900 | |
| Listed by Keller Williams Realty | |||
| Jul 30, 2026 | No longer available | - | |
| No longer available | |||
| Jul 9, 2026 | Price Decreased |
$725,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
| Jun 9, 2026 | Price Decreased |
$735,000
↓ $15K
(2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017