5003 Glenmeadow Drive
About This Property
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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 |
|---|---|---|---|
| Oct 17, 2022 | Sold | ||
| Sold | |||
| Aug 17, 2022 | Listed by BHGRE Gary Greene | $1,275,000 | |
| Listed by BHGRE Gary Greene | |||
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Modern masterpiece in a contemporary form and function that modern families demand. This home is designed to be as comfortable and functional in your daily life as it is for entertaining larger parties. Situated on a large corner lot each side is defined by a horizontal plane in composition with the windows that defines the side and main entries. Light was a big driver for its design so big windows, large openings and tall ceilings play a big role on the house's composition. This 4 bedroom home was inspired by clean modern practical design. The kitchen is equipped with stainless steel appliances, pot filler and walk in pantry. The library can also be a home gym or home office and there is a wet bar right there.Given a touch of warmth with the use of stained wood and earth tones there is also a playroom above the 3 car garage that can be finished out to your custom design. The large backyard and outdoor kitchen are waiting for you.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017