37840 Via Majorca
About This Property
The main residence offers 4 bedrooms and 3 beautifully appointed bathrooms, showcasing soaring ceilings, exquisite architectural details, and thoughtfully curated finishes throughout. A stately library invites quiet moments of reflection, while the breathtaking great room commands attention with an unforgettable, show-stopping fireplace-an architectural centerpiece that anchors the home and sets the tone for elegant entertaining. A wet bar for entertaining off the kitchen which boasts the most high-end appliances.
Designed for both multigenerational living and ultimate flexibility, the estate includes an attached 3-bedroom, 2-bath ADU, ideal for guests, extended family, or a private retreat. Outdoors, the land unfolds with endless potential-whether for entertaining under open skies, enjoying peaceful sunsets, or simply taking in the elevated views that stretch across the valley.
Completing the property is a detached four-car garage (including the 2 attached car to the home), offering ample space for car enthusiasts, storage, or creative pursuits. Every element of this estate has been thoughtfully designed to deliver privacy, presence, and prestige-an exceptional offering where luxury, space, and setting come together in perfect harmony.
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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 |
|---|---|---|---|
| Mar 30, 2026 | Sold | ||
| Sold | |||
| Feb 14, 2026 | In contract | - | |
| In contract | |||
| Jan 21, 2026 | Listed by The Hardy Group | $2,000,000 | |
| Listed by The Hardy Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017