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28242 Glenmeade Way
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 |
|---|---|---|---|
| Jun 1, 2026 | Sold | ||
| Sold | |||
| Apr 18, 2026 | In contract | - | |
| In contract | |||
| Apr 10, 2026 | Price Decreased |
$959,000
↓ $10K
(1%) | |
| Price Decreased | |||
| Jan 31, 2026 | Listed by First Team Real Estate | $969,000 | |
| Listed by First Team Real Estate | |||
| Mar 21, 2025 | Listed | $1,025,000 | |
| Listed | |||
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Views to the East Mountains on this Rare .71 acres with a Parklike setting feels private and serene. Property backs to a Wilderness Park and is partially fenced. There is a fully remodeled, permitted ADU/Studio downstairs with a full bath and separate entrance. This home has 4 bedrooms (including the ADU/Studio), 3 Full baths, 1 half bath, 2 living areas, a remodeled kitchen, sliding doors in all bedrooms for easy access to the Trex decks/patios and indoor laundry. The East Views to the Mountains allow you to enjoy the morning sunrise. Large deck off of the family room/kitchen allow for views to the backyard overlooking the yard and 14 fruit trees (lemon, orange, blood orange, peach, nectarine and lime). There is an additional spacious backyard deck and gazebo for enjoying the sounds of nature and quiet time. Underneath the home is a large storage area. Animal zoning is a Q designator - horses might be possible on this property. Low HOA dues are only $396/YEAR and includes a Community Pool and 2 Tennis Courts. Hidden MeadowsCommunity has their own Fire Station, Two Markets/Deli's, the Sideyard Pub, a Public Golf Course with a restaurant/Bar and is close to Shopping, Schools and 15 Fwy.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017