26 Glenwood Road
About This Property
The renovated kitchen, completed in late 2023, features stainless steel appliances, abundant storage and a generous bar setup ideal for gatherings and everyday use. Adjacent living and dining spaces are enhanced by abundant natural light, skylights, and a gas fireplace with an elegant stone surround.
The primary bedroom includes a private bath and recent updates, while additional bedrooms offer comfortable proportions and refinished flooring. A finished lower level adds flexible space, along with ample storage, laundry, and cedar closets.
Additional highlights include gas heat, central air conditioning, a 200-amp electrical service, and a roof replaced in 2016. The two-car garage has been upgraded with a polyaspartic floor, wall storage system, and EV charger. Outside, the property boasts meticulous landscaped grounds surrounding a custom stone BBQ seating area, all with in-ground sprinklers ensuring healthy greens and attractive curb appeal throughout the season!
This home has been cared for with meaningful upgrades throughout, ready to share its next chapter.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017