10702 Glenway Drive
About This Property
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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%.
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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 |
|---|---|---|---|
| Sep 28, 2023 | Sold | ||
| Sold | |||
| Jun 22, 2023 | Listed by CB&A, Realtors | $325,000 | |
| Listed by CB&A, Realtors | |||
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Stately colonial style home on a large corner lot w/3 car side garage is waiting for its next owner & updates! SELLING AS IS. LOOKING FOR someone who wants a home to make their own.Home boasts five bedrooms, providing ample space for large groups/guests. Four bedrooms up with primary bed down. Formal living/dining, breakfast room, & more. Large downstairs primary suite with ensuite bathroom leads into additional room/study office, could be another bedrom. Huge downstairs gameroom w/builtins. NEVER FLOODED & is ready for today's updates. Overall, this 5bed, 3,800sf house presents a blank canvas for you to update & create your dream home. With the right renovations & design choices, you can transform this property into a stylish & comfortable living space that suits your tastes & preferences. Rehab loans available. AC 2020 & 2010. Easy access to Hwy 249 & Sam Houston Tollway. Minute from dining, shopping (The Vintage) & more.
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About Norchester
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017