139 Monarch 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%.
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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.
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 28, 2022 | Sold | ||
| Sold | |||
| Jun 14, 2021 | Listed by Coldwell Banker Hickok and Boardman | $3,995,000 | |
| Listed by Coldwell Banker Hickok and Boardman | |||
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From the moment you ascend the private driveway to 139 Monarch Road, you know you are about to visit a special property consisting of an exquisitely designed 5 bedroom, 5.5 bath Contemporary Farmhouse Colonial with a 2-car garage plus a large finished Carriage Barn with a 6-car garage and more. The home offers a gourmet kitchen with marble counters, an oversized center island with seating, wet bar and high-end Wolf appliances. This opens to a sunny breakfast nook and formal dining on one side and the family room on the other. You'll find a formal living room with a wood-burning fireplace on the other end of the home. Both living and family rooms lead out to a covered porch and bluestone patio with views of Shelburne Pond. Upstairs the owner's suite offers a luxurious 5-piece bathroom with dressing room. Guests enjoy spacious rooms all with private baths. You'll also find an office and laundry room on the 2nd floor. The finished walkout lower level offers two rec rooms and a private guest suite. The custom-built Carriage Barn with mahogany woodwork throughout will take your breath away! It features a fully equipped gym, playroom, theatre room, full kitchen, 2.5 baths, multiple rooms for office/studio/workshop space plus a safe room in the basement! All of this sits atop a hill on 16+ acres with extensive landscaping and panoramic pastoral and mountain views. Enjoy luxurious country living from a private location yet convenient to Shelburne Village, schools, and Burlington.
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| Sep 17, 2012 | Sold | ||
| Sold | |||
| Mar 7, 2012 | Listed by Coldwell Banker Hickok and Boardman | $1,650,000 | |
| Listed by Coldwell Banker Hickok and Boardman | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017