2 Glenbrook 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 19, 2025 | Sold | ||
| Sold | |||
| Sep 19, 2025 | In contract | - | |
| In contract | |||
| Sep 8, 2025 | Listed by Howard Hanna Rand Realty | $350,000 | |
| Listed by Howard Hanna Rand Realty | |||
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Welcome to 2 Glenbrook Road in beautiful Lake Carmel. Do not miss your opportunity to take ownership of this sweet two bedroom, one bathroom home. It is the perfect alternative to renting as well as the perfect starter or downsizing home. In addition to sitting on an already fenced in, useable lot, an additional adjacent tax lot which is perfect for building a garage, expanding your yard/parking/entertainment areas, is also included giving the new owner a total of .37 acre which is generous for the area. Step inside and you will appreciate the home's move-in condition. The kitchen is updated and bright. The living room features a vaulted ceiling, wood floors and is warm and inviting. Two bedrooms, dining area and a cozy computer nook complete the home. Step outside and you will truly love the oversized patio (gazebo included) which is the perfect outdoor entertaining spot. 2024 driveway paved, 2024 hot water heater, 2018 new roof and gutters....septic fields, upgraded amp service, new drilled well and lines all within the past 10 years. Great home, great opportunity and great value. Don't let this one pass you by.
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| Mar 5, 2020 | Listed by Houlihan Lawrence Inc. | $225,000 | |
| Listed by Houlihan Lawrence Inc. | |||
| Jul 1, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017