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1344 5th #16
About This Property
If you want the space of a single-family home without the high water bills, gardening, and outside maintenance, this may be the perfect home for you.
Located in a desirable North Glendale neighborhood above Glenoaks, this spacious 3-bedroom, 2-bath condo offers approximately 1,950 square feet of living space. The home is in excellent condition and offers large rooms and a comfortable floor plan.
The large living room features a fireplace and opens to the dining area and a spacious private balcony, perfect for outdoor seating, plants, and relaxing. The kitchen offers plenty of cabinets and storage, along with a cozy breakfast area.
It's a 1-level condominium, which is very hard to find.
All three bedrooms are generously sized. The primary bedroom includes a walk-in closet and a private bathroom with dual sinks. The home also features an in-unit laundry closet and additional storage.
Additional features include a private basement storage room, two side-by-side parking spaces, and access to the community's gated swimming pool.
Conveniently located near shopping, restaurants, entertainment, and freeway access.
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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 |
|---|---|---|---|
| Oct 9, 2026 | In contract | - | |
| In contract | |||
| Sep 23, 2026 | Listed by Evernest Realty Group | $950,000 | |
| Listed by Evernest Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017