489 Glebe Road
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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 |
|---|---|---|---|
| Sep 8, 2023 | Sold | ||
| Sold | |||
| Jul 31, 2023 | Listed by BHG Masiello Keene | $425,000 | |
| Listed by BHG Masiello Keene | |||
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Gateway to Nature: The charming foot bridge invites you to step back in time and immerse yourself in country living at its finest! Privacy, woods, nature, trails, bonfires, plenty of space to roam and relax ... this is what dreams are made of! Light-filled vaulted ceiling in living room with large deck and showcasing a stone wood-burning fireplace with insert. Extensive updates include updated kitchen and baths as well as freshly painted interior and exterior. Complete summary of updates included with Property Disclosure. The detached 3-car garage has a full bonus room above with a large deck overlooking the majestic surrounding views. This building has electric. Bonus room is partially sheet rocked. Seller is leaving remaining sheet rock and new flooring to be completed by buyer. This is where your design ideas will come to life! Whether a primary residence or a NH retreat, don't miss this opportunity to secure your dream in convenient, coveted and quintessential Westmoreland, NH. State-approved 2 bdrm septic system installed in 2021. 1250 gallon tank is appropriate for a 3 bdrm home. Showing will start 8/2/2023.
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| Apr 14, 2021 | Listed by BHG Masiello Keene | $282,000 | |
| Listed by BHG Masiello Keene | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017