16 GLADE CIRCLE E
About This Property
A welcoming covered portico and impressive two-story foyer greet you upon entry. Just off the foyer, you'll find two bedrooms and a full bathroom. The hallway opens to a spacious great room with soaring cathedral ceilings and a cozy fireplace. From here, step onto the screened porch or back deck to take in refreshing ocean breezes and sweeping pond views. After a day at the beach, rinse off in the outdoor shower conveniently located just off the porch.
The eat-in kitchen boasts ample cabinetry, generous counter space, Corian countertops, and an island with seating. Adjacent spaces include a formal dining room and a sunroom with access to the deck, perfect for entertaining. This level also includes a powder room, laundry room, and a side-load two-car garage with private staircase leading to a versatile bonus room above.
Upstairs, the expansive owner's suite overlooks the serene pond and features two walk-in closets and a spa-like bathroom with double vanities and a tiled shower. An unfinished attic provides abundant storage or the potential for an additional bedroom. The bonus room above the garage offers flexible living space-ideal as an office, guest suite, family room, or a combination of uses. A private staircase leads directly to the garage.
The unfinished basement offers even more opportunity-whether for storage, a family retreat, or a game room. Solar panels help keep utility costs low, while a home warranty in place through March 21, 2026 provides added peace of mind for the new owner.
The Glade community enhances the lifestyle with first-class amenities, including a clubhouse, Olympic-sized pool, tennis courts, racquetball, scenic ponds, and more.
Live the beach lifestyle you've always dreamed of!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017