2247 Margarita Glen
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 |
|---|---|---|---|
| Jul 17, 2026 | Sold | ||
| Sold | |||
| May 5, 2026 | In contract | - | |
| In contract | |||
| Mar 5, 2026 | Listed by Coldwell Banker Village Prop | $1,489,000 | |
| Listed by Coldwell Banker Village Prop | |||
| Dec 6, 2025 | Price Decreased |
$1,498,000
↓ $1K
(0.1%) | |
| Price Decreased | |||
| Oct 29, 2025 | Listed | $1,499,000 | |
| Listed | |||
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Discover your dream retreat in this stunning hilltop estate, set on 6.12 on acres with panoramic views and breathtaking sunsets. Privacy and security are paramount with a private gated entry, creating a serene haven surrounded by nature. This single-level, custom-built home showcases exceptional craftsmanship with an impressive rotunda entry, soaring ceilings, and elegant arched doorways.Throughout the home, you'll find gorgeous distressed hardwood plank floors and solid alder hardwood doors, adding warmth and character. The expansive great room floor plan seamlessly blends indoor-outdoor living, with walls of glass and French doors that maximize natural light and views. These doors open to a covered outdoor living room with a fireplace, perfect for entertaining or relaxing. Just beyond, the sparkling infinity pool invites you to unwind while taking in the unparalleled views, gentle breezes, and stunning sunsets. The chef’s kitchen is a culinary masterpiece, featuring a large granite island, stainless steel appliances, double dishwashers, built-in refrigerator/freezer, wine fridge, and a 6-burner gas stove. Entertain effortlessly in the elegant formal dining room with a cozy fireplace, currently being used as a study. Each bedroom is a private suite with its own bath, while the luxurious master retreat offers a fireplace, spa tub, enormous room size walk-in closet, and private patio access. Enjoy the bounty of up to 100 avocado trees and explore the expansive nature preserve with its network of hiking trails. Located just minutes from the I-15 corridor, with no HOA fees, this property perfectly balances seclusion and convenience. Don’t miss the opportunity to own this extraordinary estate—where luxury, privacy, security, and nature come together seamlessly. Don't miss the stunning video.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017