16 Margarets Dr
Shelter Island, NY 11964
4 bd 4 ba 2,800 sqft Built 1979 Lot 43,560 sqft single_family
Most recent sale
$4,500,000
Jan 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 28, 2022 | Sold | $4,500,000 | Public Record |
| Jan 11, 2022 | Sold | $4,500,000 | MLS #11028545 |
| Oct 6, 2021 | Listed | $4,750,000 | MLS #11028545 |
| Oct 15, 2019 | Sold | $2,050,000 | Public Record |
| Jan 15, 1976 | Sold | $33,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $1,204,000 | $1,031,000 | $2,235,000 | $15,599 |
| 2024 | $1,204,000 | $1,031,000 | $2,235,000 | $14,313 |
| 2023 | $1,129,000 | $1,031,000 | $2,160,000 | $6,886 |
| 2022 | $1,129,000 | $1,031,000 | $2,160,000 | $13,595 |
| 2021 | $706,000 | $825,000 | $1,531,000 | $9,497 |
| 2020 | $702,000 | $825,000 | $1,527,000 | $4,657 |
| 2017 | $670,000 | $805,000 | $1,475,000 | $8,793 |
| 2016 | $693,000 | $805,000 | $1,498,000 | $9,125 |
| 2015 | $595,000 | $805,000 | $1,400,000 | $8,501 |
| 2014 | $539,000 | $780,000 | $1,319,000 | $8,180 |
| 2013 | $520,000 | $780,000 | $1,300,000 | $8,050 |
| 2012 | $560,000 | $780,000 | $1,340,000 | $8,095 |
| 2011 | $630,000 | $780,000 | $1,410,000 | $8,076 |
| 2010 | $620,000 | $780,000 | $1,400,000 | $7,956 |
| 2008 | $773,900 | $800,000 | $1,573,900 | $7,968 |
| 2007 | $779,600 | $700,000 | $1,479,600 | $7,556 |
| 2006 | $752,600 | $680,000 | $1,432,600 | $7,969 |
Property facts
Year built
1979
Property type
single_family
Stories
—
Beds
4
Baths
4
Living area
2,800 sqft
Lot size
43,560 sqft
ZIP code
11964
City
Shelter Island
Street
Margarets Dr
Coordinates
41.05955, -72.35498
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$27,000
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 16 Margarets Dr last sell?
16 Margarets Dr most recently sold on Jan 11, 2022 for $4,500,000.
What is the current tax assessment for 16 Margarets Dr?
The most recent total assessment for 16 Margarets Dr (year 2025) is $2,235,000 with $15,599 in property tax.
How does 16 Margarets Dr's assessment compare to its last sale price?
The current assessment is 50.3% below the last sale price of $4,500,000.
When was 16 Margarets Dr built?
16 Margarets Dr was built in 1979.
How does 16 Margarets Dr compare to others on Margarets Dr?
We track 8 other properties on Margarets Dr. Browse the list under "Other properties on Margarets Dr" to compare beds, baths, and sale history.
What are the property facts for 16 Margarets Dr?
16 Margarets Dr is a 4 bed, 4 bath, 2,800 sqft, 43,560 sqft lot single_family.
Is 16 Margarets Dr a flip candidate?
No — 16 Margarets Dr does not appear in our flips dataset.
Is 16 Margarets Dr a tax-appeal candidate?
No — 16 Margarets Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+7.2%
Implied 1-yr
+29.0%
2026 Q3
$3.07M
2026 Q4
$3.22M
ZIP 11964 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Margarets Dr