81 Hutton Cove #LOT75
About This Property
The Ficus rear-load garage plan in the Preserve Collection at Arborview Park offers 2,685 square feet, 4 bedrooms, 4.5 bathrooms, an expanded rear-load 2.5-car garage connected to the home by a covered walkway, and a private pool and spa with an upgraded pool package. Located on a 65' x 159' homesite, the layout is designed to balance open gathering areas with separation between the primary suite and secondary bedrooms. Estimated completion is early-Sept. '26.
The foyer opens into the central living space where the kitchen, dining, and living areas connect beneath 11-foot ceilings with clear sightlines to the rear porch and pool area. A 12-foot bronze slider door extends the living space outdoors, creating a direct connection to the screened porch, saltwater pool and spa, expanded paver deck, and fenced backyard. The outdoor layout is designed to take advantage of the depth of the homesite while maintaining privacy and usable yard space.
The kitchen is positioned at the center of the home and includes a white oak island, quartz countertops, stacked glass cabinetry, custom wood hood vent, under-cabinet lighting, walk-in pantry, and an upgraded appliance package with a Wolf dual fuel range, microwave drawer, Sub-Zero refrigerator, vent hood, and Cove dishwasher. Wide-plank Medallion wood flooring continues throughout the home, complemented by crown molding, lap and gap detailing on all walls in living room and entry hallway, bronze windows, and upgraded shaker-style interior doors.
The primary suite is privately positioned on one side of the home and includes a freestanding tub, walk-in shower with handheld fixture, custom closet built-ins, and a framed full-size mirror. Secondary bedrooms are arranged separately with direct bath access, supporting both guest accommodations and everyday functionality.
Additional features include painted wood shelving throughout closets and pantry spaces, laundry cabinetry with sink and countertop, generator prewire and gas line, pre-plumbing for water filtration, framed TV boxes, Decora switches, impact-rated windows and doors, tankless water heater, CAT6 wiring, and irrigation with landscaping package.
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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%.
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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.
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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 12, 2026 | In contract | - | |
| In contract | |||
| Aug 8, 2026 | Price Decreased |
$1,749,900
↓ $120K
(6.4%) | |
| Price Decreased | |||
| Jul 28, 2026 | Price Increased |
$1,869,403
↑ $67K
(3.7%) | |
| Price Increased | |||
| Jul 17, 2026 | Price Increased |
$1,802,353
↑ $37K
(2.1%) | |
| Price Increased | |||
| Jun 27, 2026 | Price Increased |
$1,765,125
↑ $13K
(0.8%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017