72
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802 Michigan Boulevard
About This Property
Thoughtfully designed with both elegance and functionality in mind, the home showcases soaring ceilings, custom wall paneling, designer lighting, and expansive open living spaces filled with natural light. Premium stone-inspired flooring, wide-plank wood floors, custom trim work, and sophisticated architectural details can be found throughout the home.
The gourmet chef's kitchen is beautifully appointed with sleek custom cabinetry, oversized waterfall island, premium appliances, and abundant storage. A separate fully equipped wok/prep kitchen provides additional convenience for high-heat cooking and entertaining.
Upstairs bedroom suites feature private balconies, walk-in closets, and spa-inspired bathrooms with dramatic floor-to-ceiling marble finishes, frameless glass showers, designer fixtures, and custom vanities.
The home also offers seamless indoor-outdoor living with expansive folding glass doors opening to the covered patio and landscaped backyard. The first-floor entertainment room offers an ideal space for movie nights, gatherings, a game lounge, or private retreat.
A rare opportunity to own a newly rebuilt luxury residence that blends timeless elegance with modern California living.
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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 |
|---|---|---|---|
| May 18, 2026 | Listed by RE/MAX Galaxy | $5,700,000 | |
| Listed by RE/MAX Galaxy | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017