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4141 Glencoe Avenue #511
About This Property
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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 |
---|---|---|---|
Nov 19, 2024 | Sold | ||
Sold | |||
Oct 15, 2024 | In contract | - | |
In contract | |||
Oct 6, 2024 | No longer available | - | |
No longer available | |||
Oct 2, 2024 | Listed by Jesse Weinberg | $879,000 | |
Listed by Jesse Weinberg |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
11/20/2024
|
2 Bed
|
2 Bath
|
1540 ft²
|
$1,150,000
2 Bed
2 Bath
1540 ft²
|
$1,100,000
-4.35%
02/14/2025
|
-
|
Jose Prats
Christie's AKG
| |
10/02/2024
|
1 Bed
|
2 Bath
|
920 ft²
|
$879,000
1 Bed
2 Bath
920 ft²
|
$890,000
+1.25%
11/19/2024
|
-
|
Jesse Weinberg
Jesse Weinberg
| |
06/30/2023
|
1 Bed
|
2 Bath
|
1560 ft²
|
$1,850,000
1 Bed
2 Bath
1560 ft²
|
-
-
|
-
|
Tamra (Tami) Pardee
Pardee Properties
| |
06/23/2022
|
Studio
|
2 Bath
|
910 ft²
|
$775,000
Studio
2 Bath
910 ft²
|
-
-
|
-
|
Tamra (Tami) Pardee
Pardee Properties
| |
08/27/2021
|
Studio
|
2 Bath
|
1370 ft²
|
$949,000
Studio
2 Bath
1370 ft²
|
-
-
|
-
|
Rick Dergan
Keller Williams Realty
| |
07/22/2021
|
2 Bed
|
2 Bath
|
1370 ft²
|
$1,039,000
2 Bed
2 Bath
1370 ft²
|
$998,000
-3.95%
09/17/2021
|
Lisa K. Phillips
Lotus Estate Properties
| ||
06/21/2021
|
2 Bed
|
2 Bath
|
1660 ft²
|
$1,595,000
2 Bed
2 Bath
1660 ft²
|
-
-
|
-
|
Christie Shaia
Gatehouse Properties
| |
12/01/2020
|
1 Bed
|
1 Bath
|
1070 ft²
|
$848,000
1 Bed
1 Bath
1070 ft²
|
$838,000
-1.18%
02/02/2021
|
Randi Wood
Douglas Elliman Real Estate
| ||
01/13/2020
|
1 Bed
|
2 Bath
|
1030 ft²
|
$859,000
1 Bed
2 Bath
1030 ft²
|
-
-
|
-
|
-
| |
09/09/2019
|
1 Bed
|
2 Bath
|
1220 ft²
|
$976,000
1 Bed
2 Bath
1220 ft²
|
-
-
|
-
|
-
| |
09/05/2019
|
1 Bed
|
1 Bath
|
1070 ft²
|
$869,000
1 Bed
1 Bath
1070 ft²
|
$845,000
-2.76%
01/22/2020
|
Lisa K. Phillips
| ||
03/20/2019
|
1 Bed
|
1 Bath
|
1000 ft²
|
$899,000
1 Bed
1 Bath
1000 ft²
|
-
-
|
-
|
-
| |
06/19/2018
| |
1 Bed
|
1 Bath
|
1110 ft²
|
-
1 Bed
1 Bath
1110 ft²
|
-
-
|
-
|
-
|
03/27/2018
|
1 Bed
|
1 Bath
|
1110 ft²
|
$895,000
1 Bed
1 Bath
1110 ft²
|
$915,000
+2.23%
05/01/2018
|
-
|
Panos Papadopoulos
Keller Williams Silicon Beach
| |
07/08/2017
| |
2 Bed
|
2 Bath
|
1540 ft²
|
-
2 Bed
2 Bath
1540 ft²
|
-
-
|
-
|
-
|
Building Info

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