60
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1589 Main
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.
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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 |
|---|---|---|---|
| Jul 31, 2026 | Listed by William Raveis Real Estate Vermont Properties | $1,400,000 | |
| Listed by William Raveis Real Estate Vermont Properties | |||
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Glimmerstone Mansion - an extraordinary legacy estate where timeless elegance meets modern sophistication. Set on 2.4± beautifully landscaped acres, this iconic property listed on the National Historic Register has been meticulously restored, thoughtfully upgraded, and exquisitely furnished. At the heart of the estate is the grand 10-bedroom mansion, where nearly every bedroom and gathering space is graced with a stately fireplace, evoking the charm of a bygone era. Five bedrooms offer ensuite baths, each with spa-style finishes, while the owner’s private apartment ensures comfort and privacy. Enjoy central air conditioning, high-speed internet, and cell service—ideal for today’s work-from-home lifestyle. An entertainer’s dream, the lower level reveals an English-style pub complete with a full bar and pool table, opening to an expansive bluestone patio. Step outside to relax in the 6 to 8-person hot tub, gather around the fire pit, or unwind on the gracious covered porch. The estate includes a fully equipped chef’s kitchen designed for restaurant-scale culinary experiences and a beautifully renovated, 3,000-square-foot rustic barn ideal for hosting events of up to 125 guests. Whether envisioned as a luxury retreat, corporate gathering space, or exceptional venue for weddings and celebrations, the possibilities are endless. Once a thriving bed and breakfast, this remarkable estate is ready for its next steward whether as a private residence or a luxury hospitality venture. Visit the Okemo real estate community today. Taxes are based on current town assessment.
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| Jun 20, 2026 | Price Decreased |
$1,400,000
↓ $100K
(6.7%) | |
| Price Decreased | |||
| Jun 26, 2025 | Listed by William Raveis Real Estate Vermont Properties | $1,500,000 | |
| Listed by William Raveis Real Estate Vermont Properties | |||
| Nov 4, 2021 | Sold | ||
| Sold | |||
| Sep 10, 2021 | Listed by William Raveis Vermont Properties | $1,150,000 | |
| Listed by William Raveis Vermont Properties | |||
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The Glimmerstone Mansion presents the perfect blend of old world charm and modern conveniences, complete with a renovated 3000 sf rustic barn and surrounding mountain views. This breathtaking estate on the National Historic Register has been extensively renovated, meticulously maintained and tastefully furnished. The Glimmerstone is ideally located on scenic Route 131 as part of the Okemo Shuttle Route, allowing for an abundance of year-round activities to enjoy - including skiing/riding, golfing, ATV tours, snowmobiling, hiking, biking, and swimming. With 9 bedrooms (5 ensuite) plus an owner’s apartment, this property is perfect for accommodating large groups. Great work from home opportunity with availability of fast internet and cell service. Special features include a fireplace in nearly every bedroom and gathering area, spa style bathrooms and a fully-equipped chef's kitchen. Lower level includes an amazing English style pub just perfect for entertaining with a fully equipped full size bar and pool table both accessible from patio or inside house. A spacious covered porch leads to a striking bluestone patio, 8-person hot tub and fire pit on 2.4+/- beautiful acres. Property is currently operating as a very successful whole house rental and event venue. Details can be provided. Spectacular renovated barn can be used as a working barn or for events up to 125 people and perfect for entertaining, car enthusiasts or hobbyists.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017