121 Glen Road
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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 3, 2024 | Sold | ||
| Sold | |||
| Feb 6, 2024 | In contract | - | |
| In contract | |||
| Jan 6, 2024 | Listed by Douglas Elliman Real Estate | $489,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Well Maintained 3 Bedroom, 1 Bath Ranch Situated on a Quiet Street in North Babylon. Updates Include Brand New Roof, Siding, 400 Series Anderson Windows, Leaders and Gutters. Home Features Hardwood Floors, Central Air, Gas Heat, Partially Finished Basement with OSE and 1 Car Attached Garage. Plenty of Storage Through-out. Fully Fenced in Yard with French Doors that Lead to New Trex Deck. Brand New Circular Driveway and Front Stoop. Close to Shopping/Transportation/Major Parkways/Ocean Beaches and Minutes to Babylon Village. Tons of Potential! Don't Miss This Opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017