1 Glen Road
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 |
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| Jul 27, 2010 | Sold | ||
| Sold | |||
| Apr 18, 2008 | Listed | $595,000 | |
| Listed | |||
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This rare waterfront parcel is at "The Glen" and surrounded by ancient stone walls and with a panoramic westerly view of the east branch of the picturesque Westport River. A great opportunity for a private dock for boating to the open ocean. The lot has been perced and approved for a 4-bedroom septic design. House plans are available. The parcel is located in a tranquil setting at the end of a private lane and among high value executive properties. Ready to build. New Price!
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| Feb 3, 2004 | Sold | ||
| Sold | |||
| Jan 10, 2003 | Listed by Doris Mathews R.E. Inc. | $450,000 | |
| Listed by Doris Mathews R.E. Inc. | |||
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WATERFRONT-DESIRABLE PARCEL OF LAND WITH SOUTHWESTERLY EXPOSURE AND 125 FT OF WATERFRONT ON THE EAST BRANCH OF THE WESTPORT RIVER.
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