7751 ROLLYSTON DR
About This Property
Built by a prominent DC builder for his own personal use, the structure of the house is truly commercial- grade and no detail was spared. All carpentry and flooring were custom designed and built with unparalleled craftsmanship, as evidenced by the moldings, staircases, and woodwork throughout the residence. Baths are Waterworks with marble tops and hardware is Baldwin Satin nickel. Media, HVAC, outdoor lighting, and security systems are controlled remotely through apps.
Designed with an eye to entertaining there is a room for every occasion: a large eat-in Gourmet kitchen with granite countertops and Wolf/Sub-Zero appliances; a formal dining room that comfortably seats 14, two offices, a cozy family room with adjacent bar and living room, and a main level full bedroom with ensuite bath. Additionally, there is a Media room with 12 theater chairs, full bar, spa room and a large multi-purpose room in the lower level.
Outdoors, a flagstone path leads from the southern side porch to a heated salt-water pool, pool house with two full baths, a covered outdoor kitchen and dining area with Wolf/Sub Zero appliances, and a 100" pier. The property houses a climate-controlled barn with plumbing, potential for 10 horse stalls and a second- floor hay loft or, the entire structure can become a car collector's paradise. Next to the barn is a paddock and further down a service road is a cleared area for a future tennis/sport court. The caretaker's house at the entry to the private drive has two levels, front and rear porches, three bedrooms, three and one-half baths and a two-car garage with two outdoor spaces.
When the current owners built the property, the expansive view of the Miles River became the focal point of the interior public rooms and now provides exquisite sunrise views. The partially rip-rapped shoreline has a small beach accessible by canoe, kayak, or shallow water boat. Co-Lister includes Cynthia Howar.
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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 |
|---|---|---|---|
| Apr 26, 2023 | Sold | ||
| Sold | |||
| Dec 1, 2022 | Listed by Washington Fine Properties, LLC | $12,500,000 | |
| Listed by Washington Fine Properties, LLC | |||
| Nov 15, 2022 | No longer available | - | |
| No longer available | |||
| May 27, 2022 | Price Decreased |
$15,000,000
↓ $1M
(6.3%) | |
| Price Decreased | |||
| May 5, 2022 | Listed by Washington Fine Properties, LLC | $16,000,000 | |
| Listed by Washington Fine Properties, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017