29
Map
3218 Glennon Place
About This Property
Single-family residence offering 3,030 sq ft of living space on a 3,825 sq ft lot (38.25 x 100) in the Locust Point section of the Bronx. Built in 1994, the home features three bedrooms, two and a half bathrooms, and a driveway with a one-car garage.
Interior features include hardwood flooring throughout, a gas stone fireplace in the living room, and mini-split systems installed in every room in 2024, in addition to central air conditioning and baseboard heating. Half of the windows were replaced in 2019. The kitchen provides direct access to a rear deck overlooking a private backyard with a patio.
The bedrooms are generously sized with high ceilings, and there is additional storage space in the attic. The walkout basement includes a laundry room, office, kitchen, and separate mini-split systems, offering flexible use.
Located in a private residential area with convenient access to I-295 and I-695. The Bx8 bus stop at Tierney Place/Longstreet Avenue is approximately 0.1 miles away.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017