81 Mayfly Dr
About This Property
The extraordinary build quality of this exquisite 6 bed, 9 bath, 7681 square foot home is matched only by its views. Surrounded on two sides by 38 acres of deeded open space, a vast, open field of wildflowers and sage brush as well as a private aspen tree canopy is yours to enjoy. The architecture is a perfect marriage for the site with every design detail made to compliment the astounding views of lakes, mountains, town, valleys and sky. Make no mistake... this home is capable of inspiring envy, dropping jaws, and inducing breathy "wows." And yet, the private, intimate spaces also serve the more inwardly of needs, fostering the closeness, togetherness and inspiration that all humans crave. There is only one 81 Mayfly. This home represents a once in a lifetime opportunity to own a home that requires no compromises.
Wow is the most common word uttered here. The views are matched only by the extraordinary architecture and build quality. Surrounded on two sides by 38 acres of open space; a vast, open field and an aspen tree canopy is yours to enjoy in total privacy. The architecture is a happy marriage for the site. This home is an achievement... both epic and comfortable, intimidating and intimate, capable of evoking both the excited "wow" but more importantly, the relaxed, prolonged exhale of relaxation.
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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 |
|---|---|---|---|
| Jan 12, 2022 | Sold | ||
| Sold | |||
| Jun 15, 2021 | Listed by Real Estate Experts | $6,750,000 | |
| Listed by Real Estate Experts | |||
| Jun 6, 2021 | No longer available | - | |
| No longer available | |||
| Jan 28, 2021 | Price Increased |
$5,995,000
↑ $95K
(1.6%) | |
| Price Increased | |||
| Jun 22, 2020 | Listed | $5,900,000 | |
| Listed | |||
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#81Mayfly is a sanctuary, a temple, a private, secret abode in the forest canopy. It is a custom crafted, bespoke object; built to showcase the intense beauty of the mountains and bring humans together for the purpose of enjoying it. Occupying a prominent position, adjacent to aspen forests, vast fields of sage brush and a wildly front row view of the Mountains; this home has an inspired design including a rare, roof-top pocket deck and huge windows. Anticipated completion June 2021. The manager has listed the unit size as 6843 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017