5118 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 |
|---|---|---|---|
| Nov 12, 2021 | Sold | ||
| Sold | |||
| Aug 9, 2021 | Listed by Martha Turner Sotheby's | $375,000 | |
| Listed by Martha Turner Sotheby's | |||
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A beauty in it's day, this Mid Century modern 4 bedroom / 3.5 bath home can be raised and remodeled to it's original style or use the large lot to build your dream home on. There are many new construction homes on the street. Split bedroom plan has 3 bedrooms in one wing and a separate bedroom and bath off the kitchen for a guest or mother-in-law suite. There is an air conditioned gameroom attached to the garage. Don't miss this one!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017