1881 Alpha Road #17
About This Property
The manager has listed the unit size as 1346 square feet.
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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%.
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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 |
|---|---|---|---|
| Apr 6, 2026 | Sold | ||
| Sold | |||
| Mar 7, 2026 | In contract | - | |
| In contract | |||
| Jan 27, 2026 | Listed | $849,000 | |
| Listed | |||
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Beautifully upgraded 2-bedroom, 3-bath townhouse located in one of Glendale’s most desirable neighborhoods. This modern home offers a bright and airy open floor plan with plenty of natural light throughout. The spacious living room features a cozy fireplace, recessed lighting, and central A/C and heating for year-round comfort.
The updated kitchen flows nicely into the living and dining areas, creating a comfortable and functional layout. Upstairs, both bedrooms feature high ceilings, generous space, and their own private bathrooms, offering privacy and convenience. Step out onto your private balcony from each bedroom and enjoy peaceful mountain views in a quiet setting.
The well-maintained community includes a pool, and the unit comes with a rare four parking spaces — a huge plus in this area. Clean, stylish, and move-in ready, this home offers comfort, light, and a prime Glendale location close to shopping, dining, and everyday essentials.
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| Dec 16, 2019 | Sold | ||
| Sold | |||
| Nov 4, 2019 | Listed | $619,000 | |
| Listed | |||
| | |||
|
Extensively renovated 2 bedroom, 2.5 bath townhome style condo, located in highly desirable Verdugo Woodlands area of Northern Glendale. Located on the top of the hill, this end unit condo offers majestic views and complete privacy. It truly feels like a single family home. The minute you walk into this property, you feel at home. Open floor plan makes it easy to entertain and enjoy the wonderful view. This condo was recently renovated from top to bottom. Modern white kitchen, recessed lighting and windows bring out the brightness of the unit. The galley style kitchen features new countertops, cabinets and appliances. There is an abundance of natural night throughout the living space and all bedrooms on the second floor. In addition, there is a community pool where you can enjoy your lazy afternoons.The location is unbeatable: short distance to the freeway, shops, restaurants and award winning schools. This turn-key home is waiting for it's new owner!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/27/2026
|
2 Bed
|
3 Bath
|
1346 ft²
|
$849,000
2 Bed
3 Bath
1346 ft²
|
$840,000
-1.06%
04/06/2026
|
Miganoush Barfian Namagerdi
Coldwell Banker Hallmark
| |
|
12/04/2025
|
2 Bed
|
3 Bath
|
1346 ft²
|
$849,000
2 Bed
3 Bath
1346 ft²
|
$850,000
+0.12%
01/22/2026
|
Val Hacopian
Remax Optima
| |
|
12/19/2024
|
3 Bed
|
3 Bath
|
1649 ft²
|
$949,999
3 Bed
3 Bath
1649 ft²
|
$950,000
+0.00%
02/07/2025
|
Vartan Markarian
Markarian Realty
| |
|
11/04/2019
|
2 Bed
|
1 Bath
|
1346 ft²
|
$619,000
2 Bed
1 Bath
1346 ft²
|
$628,500
+1.53%
12/16/2019
|
Ieva Massehian
Berkshire Hathaway Home Servic
| |
|
09/05/2019
|
2 Bed
|
1 Bath
|
1346 ft²
|
$598,000
2 Bed
1 Bath
1346 ft²
|
$617,000
+3.18%
10/16/2019
|
Ieva Massehian
Berkshire Hathaway Home Servic
| |
|
03/11/2019
|
3 Bed
|
2 Bath
|
1649 ft²
|
$699,000
3 Bed
2 Bath
1649 ft²
|
$705,000
+0.86%
05/03/2019
|
Ieva Massehian
Berkshire Hathaway Home Servic
| |
|
01/18/2019
|
2 Bed
|
3 Bath
|
1346 ft²
|
$525,000
2 Bed
3 Bath
1346 ft²
|
-
-
|
-
| |
|
06/19/2018
|
3 Bed
|
2 Bath
|
1649 ft²
|
$649,000
3 Bed
2 Bath
1649 ft²
|
$657,000
+1.23%
08/07/2018
|
Ieva Massehian
Berkshire Hathaway Home Servic
| |
|
07/08/2017
| |
3 Bed
|
2.5 Bath
|
1649 ft²
|
-
3 Bed
2.5 Bath
1649 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017