1202 Bruce Avenue
About This Property
The expansive lot offers endless potential: build an ADU, expand the footprint, add a pool, or explore a possible parcel split (buyer to verify). All in a picturesque, tree-lined neighborhood just minutes from Kenneth Village's charming boutiques and cafes, top-rated schools, scenic parks, and easy commute access. A rare opportunity to create your dream home, or investment, in one of Glendale's most beloved communities.
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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 |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| May 24, 2025 | In contract | - | |
| In contract | |||
| May 13, 2025 | Listed by New Beginnings Real Estate Group | $1,375,000 | |
| Listed by New Beginnings Real Estate Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017