301 Margaret Boulevard
About This Property
Outside, a private country club-style backyard awaits. Here, a wonderful heated salt water pool beckons on warm summer days, surrounded by a beautifully maintained garden. The outdoor space is perfect for al fresco dining, pool parties, or simply soaking up the sun in your own personal oasis.
The home's location in Merrick Woods offers a welcoming community environment for all of your conveniences. Close to highways, trendy restaurants, shops and local amenities, this location is fabulous. This home is more than just a property: it's a wonderful lifestyle. From the tasteful decorator touches to the thoughtfully designed layout, every detail has been considered to create a home that is both beautiful and functional. Experience the best of Merrick Woods living at 301 Margaret Blvd-a place where style, comfort, and community converge.
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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 |
|---|---|---|---|
| Oct 3, 2025 | Sold | ||
| Sold | |||
| Jul 1, 2025 | In contract | - | |
| In contract | |||
| Jun 2, 2025 | Listed by Douglas Elliman Real Estate | $1,149,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017