48 GLEN DRIVE
About This Property
by Spyglass Design make this special home in The Glen an absolute must-see. Ceilings
soar in the dining room, living room and skylit family room detailed with so many inviting
extras, like a window seat, a built-in desk and a second fireplace. The eat-in chef's
kitchen was crafted with precision and styled to be timelessly inviting with warm tones
and easy-care materials. Around the corner, Electrolux appliances serve the laundry
room and the garage is absolutely pristine with freshly painted walls and a newly
epoxied floor. Situated beside a guest room/den, the primary bedroom flows out to a
brick patio, where a hot tub is the ideal spot for counting stars or gazing out across
rolling meadows. In addition to a custom walk-in closet, the primary suite's bath is
cleverly compartmentalized to maximize functionality while maintaining privacy.
Hardwood floors, which extend throughout, are protected by a custom runner on stairs
leading up to a loft and two more sizable bedrooms. Past the hall bath, an incredible
amount of attic space offers easy-acces storage to supplement the full basement. High
ceilings and natural light make the lower level an ideal spot for a home gym with no
limits. Mountain Lakes Preserve and Community Park are just down the street from the
desirable Princeton enclave, where this property is a stand-out among proudly
maintained homes.
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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 |
|---|---|---|---|
| Aug 31, 2026 | Sold | ||
| Sold | |||
| Jul 2, 2026 | In contract | - | |
| In contract | |||
| Jun 24, 2026 | Listed by Callaway Henderson Sotheby's Int'l-Princeton | $1,650,000 | |
| Listed by Callaway Henderson Sotheby's Int'l-Princeton | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017