1218 GLEN AVE
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%.
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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 |
|---|---|---|---|
| Jun 18, 2025 | Sold | ||
| Sold | |||
| Jun 6, 2025 | In contract | - | |
| In contract | |||
| May 20, 2025 | Listed by Red Oak Realty | $1,195,000 | |
| Listed by Red Oak Realty | |||
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Welcome to this enchanting home that includes a large backyard and plenty of sunshine.The living room has huge south windows along with a gracious fireplace and lovely built-ins.The three bedrooms and one bath in the home are separated from the large common areas, which provide ample space for gatherings.The kitchen has been beautifully renovated with cherry cabinets, high-end appliances and stunning quartzite counters. The laundry room right next to the kitchen has a separate door to the backyard and more cherry cabinets with ample storage. The kitchen’s large glass doors lead directly outside making it perfect for easy access for gardening, relaxing and al fresco dining. The downstairs den is comfortable and is an ideal place for watching television and reading under the south-facing windows as well as an extra room as an office or studio, which is conveniently located right next to the interior garage.Improvements includes: a completely renovated kitchen and laundry area, new roof, solar panels with electrical upgrades, sewer lateral replacement, bathroom renovation, new double-pane windows in all the rooms on the main floor, new furnace and tankless water heater, and extensive plumbing upgrades. Close to Rose Garden, Walnut Square and Solano Avenue.
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| Nov 30, 2015 | Sold | ||
| Sold | |||
| Nov 7, 2015 | Listed by THORNWALL PROPERTIES INC. | $705,000 | |
| Listed by THORNWALL PROPERTIES INC. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017