348 Glocken LN
About This Property
Back by popular demand, this homesite features a highly versatile layout with 2 primary suites including one on the main level, making it ideal for multi generational living or roommates. The downstairs suite offers a private feel with a secluded entry, large walk in closet, and dual vanity bath. The open design centers around a gourmet kitchen with a large island, walk in pantry, and bar top seating that flows seamlessly into the dining and living areas, creating a functional space for both daily living and entertaining. A convenient half bath is located on the main floor for guests. Upstairs you will find a spacious game room along with the second primary suite, offering separation and flexibility for a variety of living arrangements.
Built with energy efficiency in mind, the home incorporates features designed to enhance comfort and help reduce utility costs, including energy efficient windows, modern HVAC performance, and construction techniques focused on improved insulation and air sealing. These elements work together to maintain consistent indoor temperatures while supporting long term efficiency and everyday livability.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 3, 2026 | In contract | - | |
| In contract | |||
| Jun 18, 2026 | Price Decreased |
$349,999
↓ $20K
(5.4%) | |
| Price Decreased | |||
| May 8, 2026 | Price Decreased |
$369,999
↓ $25K
(6.3%) | |
| Price Decreased | |||
| Apr 13, 2026 | Listed by Outlaw Realty | $394,999 | |
| Listed by Outlaw Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017