199 GLORIETA 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 |
|---|---|---|---|
| May 19, 2026 | Listed by COLDWELL BANKER VANGUARD REALTY | $585,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
| May 1, 2025 | Sold | ||
| Sold | |||
| Apr 9, 2025 | In contract | - | |
| In contract | |||
| Apr 1, 2025 | Listed by ENDLESS SUMMER REALTY | $559,000 | |
| Listed by ENDLESS SUMMER REALTY | |||
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CDD bond paid off for significant annual savings! This well-maintained 3/2 home + FLEX space and a formal dining room (or additional flex area!) offers a functional and inviting layout. Tile flooring runs throughout, complemented by numerous upgrades, including BOSCH appliances, upgraded light fixtures, and ceiling fans. The interior was freshly painted in 2023. The flex space with an adjacent bathroom is conveniently located between two bedrooms, making it ideal for a playroom, home office, or a media room. The spacious owner's retreat features double sinks and a built-in closet system for easy organization.
The backyard is a private retreat with a lush preserve view on over a quarter-acre lot. Enjoy outdoor living with an enlarged screened-in lanai and paver patio, complete with a ceiling fan and electrical setup for a TV. An additional patio outside the screened area is perfect for barbecuing, with plenty of green space for pets or outdoor activities. Located in the highly desirable, amenity-rich Palencia community, residents enjoy world-class amenities, including a championship golf course, pickleball and tennis courts, a resort-style pool with a waterslide, a separate lap pool, and a state-of-the-art fitness center. The vibrant social club offers dining, events, and a welcoming community atmosphere, while the charming town center provides convenient shopping and dining options.
With its unbeatable location, thoughtful upgrades, and access to premier amenities, this home is a rare find. Don't miss your opportunity to experience the Palencia lifestyleschedule your showing today.
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| Jul 8, 2023 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017