4
Map
485 Glenmore Avenue
About This Property
BUILD AROUND 11 UNITS
THIS IS A PACKAGE DEAL 2 LOTS FOR SALE BLOCK & LOT :03708-0035 /03708-0001
TOTAL LOT SIZE 5,000 SQ FT EACH LOT IS 25X100 SQ FT
THE ZONING JUST ISSUEED A NEW PARKING RESTRICTED WAVIER
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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 |
|---|---|---|---|
| Jun 10, 2025 | Sold | ||
| Sold | |||
| Apr 23, 2025 | In contract | - | |
| In contract | |||
| Apr 1, 2025 | Listed by Home X Realty | $999,000 | |
| Listed by Home X Realty | |||
| Aug 2, 2024 | No longer available | - | |
| No longer available | |||
| Oct 26, 2023 | Price Decreased |
$850,000
↓ $25K
(2.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017