48 Old Glen Rd
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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 |
|---|---|---|---|
| Dec 15, 2022 | Sold | ||
| Sold | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Feb 15, 2021 | In contract | - | |
| In contract | |||
| Jan 28, 2021 | Listed | $749,900 | |
| Listed | |||
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Prime Convent Station. Minutes to NJT's Convent Station & Dntn Morristown. New Kitchen W/ Skylight, Granite Cntrs, Huge cntr island, S/S Appliances, D/R W Wd Fls & French Drs to DK, L/ R w W/B F/P, MBD w/ Full Bath, Main bath w/ Heated Flrs, C/A, Fenced Yd, 20x12 Dk, 8x12 shed, Lots of parking. New sewer line from the house to the street. Seller can provide recent Survey to Buyer & save them $$.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017