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1321 Glenthorpe
About This Property
This well-designed residence offers 4 bedrooms, 2 full bath and a half bath across approximately 2,432 sqft of living space, situated on an expansive 8,000+ sqft lot. The functional layout features a large living room, separate family room, formal dining room, and a bright breakfast nook, providing plenty of space for both everyday living and entertaining. Recent upgrades include brand new vinyl flooring and fresh interior paint, creating a clean, modern, and move-in ready environment. The oversized primary suite is a true retreat, complete with a sitting area for added comfort and flexibility. Three additional bedrooms are generously sized and share a well-appointed bathroom. Step outside to a large, landscaped backyard-perfect for gatherings, relaxation, or future customization. Conveniently located near top-rated schools, parks, shopping, and dining, this home offers an exceptional opportunity to enjoy comfort, space, and a prime Walnut location.
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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 |
|---|---|---|---|
| Jul 28, 2026 | Sold | ||
| Sold | |||
| Jul 7, 2026 | In contract | - | |
| In contract | |||
| May 21, 2026 | Price Decreased |
$1,375,000
↓ $50K
(3.5%) | |
| Price Decreased | |||
| Apr 10, 2026 | Listed by Real Broker | $1,425,000 | |
| Listed by Real Broker | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017