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P. Diddy has put his house on the market

Hopes to make a $3.5 million profit

The millionaire rapper bought the sprawling mansion – located in Bergen County, Alpine, New Jersey - from entrepreneur-and-financier Mark Arzoomanian, in 2004 for a reported $10 million and is now hoping to make a $3.5 million profit when he sells it on.

The house is described as a centre hall colonial set over three acres. The 26-room home contains 17,000 square feet of living space with seven bedrooms (including three master suites), nine full and one half bathrooms and a home theatre.

Although he is not known for his sporting prowess, the Dirty Diddy Money musician’s home also features a pool with a waterfall, tennis courts, an indoor squash court and a gymnasium. 

A six-car attached garage with living quarters above is likely to be where the 41-year-old rapper - who has six children – housed the £250,000 Maybach limousine he bought his 16-year-old son Justin after the teenager became an Honours student earlier this year.

He said: "Justin has turned himself around and is now an Honours student, which he wasn't before, so I wanted to treat him. It's a collector's car so maybe he will use it for special occasions like on a first date, but like all my kids, he prefers the simpler things than the expensive things. Simple tastes".

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