5122 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 |
|---|---|---|---|
| Dec 4, 2025 | Sold | ||
| Sold | |||
| Nov 14, 2025 | In contract | - | |
| In contract | |||
| Oct 22, 2025 | Price Decreased |
$930,000
↓ $20K
(2.1%) | |
| Price Decreased | |||
| Sep 17, 2025 | Listed by Redfin Corporation | $950,000 | |
| Listed by Redfin Corporation | |||
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Indulge in a residence where sophistication and modern innovation converge at every turn. This impeccably upgraded home features a new generator with a 10-year warranty, two new HVAC systems, a new furnace, updated fuse boxes, and PEX plumbing, delivering unmatched comfort, reliability, and efficiency. Refined touches such as custom blinds, new toilets, and carefully selected finishes create an atmosphere of elegance throughout. Step outside to a private oasis where a heated pool and hot tub, complete with a new motor, anchor an extraordinary outdoor living experience—perfect for entertaining, lounging under the stars, or enjoying serene mornings by the water. Modern convenience is seamlessly integrated with an electric EV charger, enhanced electrical systems, a state-of-the-art Vivint security system, and electric hurricane shutters, ensuring peace of mind. Move-in ready, this home artfully combines technology, luxury, and timeless style.
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| Jul 1, 2025 | Price Decreased |
$950,000
↓ $40K
(4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017