5507 Glenmere Lane
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 |
|---|---|---|---|
| Feb 16, 2026 | Sold | ||
| Sold | |||
| Jan 17, 2026 | In contract | - | |
| In contract | |||
| Nov 13, 2025 | Listed by The Nguyens & Associates | $345,000 | |
| Listed by The Nguyens & Associates | |||
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Welcome to this gorgeous estate-style home nested in heart on Terranova West, One of Springs most charming and sought after neighborhood. This exquisite home features a perfect blend of classic sophistication and modern functionality. As you enter you are greeted by grand curved staircase that sets the tone for timeless elegance, a spacious first floor Primary bath with soaking tub and walk in closet, spacious formal dining and detached 2 car garage. Beautiful tree surrounds the home giving it beautiful landscape. For comfort and or versatility, this home got it!
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| Nov 12, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 25, 2025 | Price Decreased |
$348,000
↓ $12K
(3.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017