189 Glades 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 |
|---|---|---|---|
| Dec 18, 2015 | Sold | ||
| Sold | |||
| Jun 10, 2015 | Listed by Berkshire Hathaway HomeServices Robert Paul Properties | $739,000 | |
| Listed by Berkshire Hathaway HomeServices Robert Paul Properties | |||
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"A World Unto Itself". This stunning elevated 2.7 acre marsh front estate parcel is located within the private section of The Glades peninsula and boasts sweeping views of ocean, harbor & tidal salt marsh across to the Cohasset shoreline, Bassing Beach & Whitehead Point. Enjoy Nature's ever-changing color palette throughout the seasons. Approvals in hand include 4BR septic design, Conservation Commission order of conditions, mitigation planting plan & NOI site plan w/ large build footprint. A private water well was recently installed on the property and a town water line is located just down the hill at the end of the public section of the road. Conceptual elevation renderings are in hand for a large elegant Shingle style home and garage or just bring your own architect to design the home of your dreams. Photos cannot accurately present this breathtaking setting - it's truly a rare find for the South Shore. Please note: this section of Glades Rd is privately owned/maintained/shared.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017