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162 Glendora Avenue
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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%.
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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 |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 16, 2018 | Sold | ||
| Sold | |||
| Jun 11, 2018 | Listed | $895,000 | |
| Listed | |||
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BACK ON MARKET! BUYER DID NOT PERFORM! Charming Spanish style beach bungalow located just a half block from the shops and restaurants of Belmont Shore. This 3 bed, 1 bath, 1128 sq.ft. home was built in 1925 and has retained much of its original charm combined with modern updates. Beautifully landscaped front yard complete with mature palms, grass and Spanish tile. Enter through the custom wood door into a large open living room boasting high barreled ceilings, hardwood floors and plantation shutters. Separate dining area with hard wood floors and plantation shutters lead into a wonderfully appointed kitchen with Spanish tile floors, recessed lighting, granite countertops, custom wood cabinetry and stainless steel appliances. Large master bedroom with hardwood floors. Bright and open bathroom has been completely remodeled with large walk in tiled shower and skylight. Two additional bedrooms with hardwood floors, plantation shutters and recessed lighting complete this home. Oversized 1 car garage with super high ceilings make it easy to park an SUV, room for extra storage and laundry. Prime Belmont shore location makes it a short stroll to the beach, shops and restaurants that The Shore has to offer. Award winning Naples Bayside elementary school, Rogers middle school and Wilson high school. This home has been very well maintained and cared for with Love and is a great investment in coastal living! Show your buyers, you will not be disappointed. The manager has listed the unit size as 1128 square feet.
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| May 10, 2018 | Listed by Nationwide Real Estate Execs | $895,000 | |
| Listed by Nationwide Real Estate Execs | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017