1240 Chateau Road
About This Property
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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 |
|---|---|---|---|
| Aug 22, 2025 | Sold | ||
| Sold | |||
| Aug 11, 2025 | In contract | - | |
| In contract | |||
| Aug 8, 2025 | Listed by COMPASS | $4,550,000 | |
| Listed by COMPASS | |||
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This extraordinary property, situated next to the 18th hole of the prestigious Annandale Golf Club, offers a unique opportunity to own a distinctive home on a vast 24,330 square foot lot. Ideal for both golfers and those who enjoy breathtaking views, the residence features multiple outdoor entertainment areas with seamless flow.The home boasts a private driveway and professionally landscaped grounds. The backyard is perfect for entertaining, with a covered patio, built-in amenities, and oversized pool. The elegant interior is highlighted by an oversized glass pivot door, high ceilings, custom cabinetry, and a wine cellar.The spacious living room opens to a covered deck offering stunning golf course views, complete with a fireplace for hosting gatherings. While the design captures Mid-Century spirit, it remains contemporary, providing both grand entertaining spaces and intimate nooks for relaxation.The primary bedroom features a fireplace and balcony, with an en-suite bathroom offering a dual vanity, soaking tub, and custom shower. Downstairs, a bedroom and 3/4 bathroom provide a private setting ideal for an office or guest room.The kitchen, equipped with top-of-the-line Miele appliances, is flooded with natural light from a skylight and glass doors. It adjoins a large laundry room and a family room with built-in features, a fireplace, and a bar. Pocket sliding glass doors lead to an outdoor deck, enhancing the indoor/outdoor living experience.This home is a rare chance to own a remodeled private retreat with stunning views in one of Pasadena's most prestigious locations.
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| Dec 28, 2022 | Sold | ||
| Sold | |||
| Oct 10, 2022 | Listed by Engel & Voelkers La Canada | $4,289,000 | |
| Listed by Engel & Voelkers La Canada | |||
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This home is adjacent to the 18th hole and arare opportunity to acquire a one-of-a kind property that sits on a 24,330 square foot lot with immediate backyard access to the prestigious Annandale Golf Club. Whether you're a golfer or not, the view from this home is paradise. The 18th hole of Annandale provides a stunningbackdrop, while enjoying dinner outside, lounging by the pool and spa or gathering around the fire pit. The home is nestled in a canyon-setting enclave, set back in a private driveway and features professionally landscaped, grounds. The backyard offers multiple places toentertain including a sizeable covered patio with built-ins, cooler/freezer and sink. Anoversized glass pivot door creates a grand entrance to the immaculate living room with high ceilings, custom cabinets and fireplace. The house encompasses high-end sliding pocket glass doors, glass windows, stunning skylight ceilings and recessed lighting throughout the house. The living room leads you to a spectacular covered deck overlooking the Club with a luxuriousfireplace and ample space for entertaining large groups. The home boasts the spirit of the Mid-Century, yet wholly contemporary. Large enough to host big gatherings, yet intimate enough to read a book in a peaceful setting and enjoy a glass of wine as you settle down for the evening. The exquisite primary bedroom features a fireplace andbalcony, and the primary bathroom's sleek style includes a dual vanity, and soaking bathtub with a separate custom shower. The downstairs bedroom has a 3/4 bathroom, custom closets with plenty of light, yet offers a quiet and private setting, which makes it ideal for an optional office or guest room. Immaculate kitchen is meticulously designed and offers top-of-the-line Mieleappliances, flooded with natural light from the skylight and two magnificent glass doors. The kitchen is next to a large, spacious laundry room, which has direct access to the finished garage. Open to the kitchen is the family room surrounded by beautifully crafted built-ins, fireplace, and a bar complete with a cooler, ice-maker and custom cabinets and shelves. The familyroom's pocket sliding glass doors ushers you to the outdoor deck creating a perfect leisurely indoor/outdoor setting, making the home an ultimate, unrestricted, al-fresco living experience. A wonderful opportunity to own a private and relaxing retreat with a unique setting and incredible view in one of the most prestigious locations in Pasadena.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017