16 Glen Road
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%.
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 |
|---|---|---|---|
| Jan 8, 2026 | Sold | ||
| Sold | |||
| Dec 8, 2025 | In contract | - | |
| In contract | |||
| Dec 3, 2025 | Price Decreased |
$655,000
↓ $40K
(5.8%) | |
| Price Decreased | |||
| Nov 11, 2025 | Listed by Keller Williams Realty Boston Northwest | $695,000 | |
| Listed by Keller Williams Realty Boston Northwest | |||
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PRICE IMPROVED and WON'T LAST! ADORABLE and MOVE-IN ready 3-bedroom home nestled on a QUIET, family-friendly street in Reading’s desirable West Side. This warm and inviting home features a bright living room with a large picture window overlooking a stunning Japanese maple, filling the space with natural light and seasonal color.The open-concept floor plan connects the living and dining rooms to an update kitchen with updated cabinets and stainless-steel appliances. Enjoy year-round comfort with energy-efficient gas heating and central AC. A finished lower-level family room with a fireplace provides additional flexible living space. The spacious, level backyard offers plenty of room for outdoor enjoyment. Fantastic location within walking distance of elementary and middle schools, the library, the commuter rail station, and the town center. Easy access to highways. A wonderful blend of light, comfort, and convenience—nothing to do but move in! Open houses on Dec 6&7 at 11:30-1:00.
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| Apr 26, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017