16 North Glen Drive
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 |
|---|---|---|---|
| Jul 20, 2023 | Sold | ||
| Sold | |||
| Jun 23, 2023 | In contract | - | |
| In contract | |||
| May 19, 2023 | Listed by Berkshire Hathaway HomeServices Robert Paul Properties | $2,495,000 | |
| Listed by Berkshire Hathaway HomeServices Robert Paul Properties | |||
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Located in the lovely Glen neighborhood of Willowbend this stunning 7 bedroom, 7 bath home with adjacent guest cottage is perfect for families, large gatherings, and entertaining. Custom millwork, hardwood floors and an abundance of windows create a light and bright space. The gas fireplace and cathedral ceiling of the great room enhance the open floor plan. Newly renovated kitchen with large pantry is a chef's dream with top of the line appliances, cabinetry and quartz countertops. Den, formal dining room, powder room and outdoor patio complete the first floor. There are primary suites on the 1st and 2nd floors with an area for home office or living space. Another wing of the house has 3 bedrooms and full bath. The finished lower level is 1665 sq. ft of living space with media room, playroom, an au pair suite with full bath and 2 bunk rooms with full bath. There is a 4 car garage and golf cart garage. The guest cottage has its own full kitchen and overlooks the beautiful backyard.
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| Sep 27, 2022 | Withdrawn | - | |
| Withdrawn | |||
| Sep 27, 2022 | Relisted | $2,250,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017