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1617 GLENALLAN AVENUE
About This Property
Originally for a builder family and passed down through generations of the 2nd owner family, loved with tons of precious memories, the property is now for sale for the first time for YOU! Live, improve, expand, rebuild... Only your imagination is your limitation.
Solidly built with 4 -5 bedrooms (depending on how you re-purpose the rooms), perfect for working from home. Stunning sunny southern exposure, large windows let in plenty of natural light. Main level ceilings hand painted with designs ahead their time, matching trims too! 28' x 32' aluminum garage has 2 bay doors, 1 man door, 220V air compressor.
Watch the flowers bloom: mahonia, periwinkle, star magnolia, azalea, peony, myrtle, blackeye Susan, honeysuckle, native Trillium ... listen to the birds chirping and owls hooting, stroll the manicured grounds of Brookside Gardens across the road, marveling at more exotic flowers!
Easy access to commuter routes, Glenmont metro station, shopping and dining.
Previously occupied. As Is condition.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 24, 2022 | Sold | ||
| Sold | |||
| May 5, 2022 | Listed by Weichert, REALTORS | $479,000 | |
| Listed by Weichert, REALTORS | |||
Property Highlights
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About Wheaton - Glenmont
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017