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118 Glendora Avenue
About This Property
Inside, the main level features a spacious living room filled with natural light, beautiful wood floors, and a seamless flow into the formal dining room and kitchen. Cozy bedroom and full bathroom are conveniently located on the first floor, making the layout ideal for guests, family, or flexible living arrangements.
Upstairs, the home opens to an expansive family room anchored by a cozy fireplace and adjoining office area. The spacious primary suite serves as a private retreat, complete with direct access to a balcony that leads to a rooftop deck where water views and coastal sunsets await. A large upstairs bathroom with laundry adds everyday convenience, while an additional bedroom is seated right off the family room.
Completing the property is an oversized one-car garage with alley access, offering valuable storage and parking. With multiple outdoor living areas, water views, a flexible floor plan, and an unbeatable location moments from the sand, bay, dining, and shopping, this is a rare opportunity to embrace the quintessential Shore lifestyle.
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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 |
|---|---|---|---|
| Sep 29, 2026 | Sold | ||
| Sold | |||
| Sep 12, 2026 | In contract | - | |
| In contract | |||
| Aug 29, 2026 | Price Decreased |
$1,549,000
↓ $50K
(3.1%) | |
| Price Decreased | |||
| Jun 26, 2026 | Listed by Compass | $1,599,000 | |
| Listed by Compass | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017