37543 Monarch Street
About This Property
Located just minutes from shopping, dining, and everyday essentials, this home offers convenience at your doorstep. Inside, the layout is designed for both comfort and entertaining. A full downstairs bathroom makes it easy to host overnight guests, while the formal dining room provides a designated space for dinner parties, holidays, or family gatherings.
The living room and family room are connected by a cozy dual-sided fireplace, creating a warm ambiance for relaxing nights in or social evenings with friends. Upstairs, the primary suite features its own private bathroom, offering a quiet and secluded retreat after a long day.
French doors open to a backyard that truly shines-an expansive outdoor space perfect for BBQs, kids at play, or simply unwinding under the covered patio. The newer pergola adds both charm and functionality to the fully cemented side yard, ideal for additional outdoor seating or future enhancements like a spa or outdoor kitchen.
A full-size driveway leads to the attached two-car garage, which includes direct access to both the home and backyard-adding ease to daily living and weekend projects alike. Whether you're an entertainer, an outdoor enthusiast, or simply someone looking for a home with room to grow, this property checks all the boxes. ***REMEMBER to view the embedded video tour of this magnificent home***
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 1, 2026 | Sold | ||
| Sold | |||
| Feb 28, 2026 | In contract | - | |
| In contract | |||
| Feb 20, 2026 | Price Decreased |
$490,000
↓ $10K
(2%) | |
| Price Decreased | |||
| Oct 22, 2025 | Listed by Pinnacle Estate Properties | $500,000 | |
| Listed by Pinnacle Estate Properties | |||
| May 24, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017