5648 Glenstone Dr
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%.
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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 |
|---|---|---|---|
| Jul 29, 2024 | Sold | ||
| Sold | |||
| Jun 17, 2024 | In contract | - | |
| In contract | |||
| Jun 14, 2024 | Listed by MB COHN & ASSOC | $850,000 | |
| Listed by MB COHN & ASSOC | |||
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You're going to love this beautiful, light and bright, semi-custom Joyce ranch-style home! This home features hardwood floors in the entry, kitchen and hall. There is a formal living and dining room along with a butler's pantry with upper and lower cabinets. The over-sized kitchen is a dream with its high-end slab granite counters, tile backsplash, a generous number of 42-inch maple cabinets, a black granite sink, plus stainless kitchen appliances that include double ovens, microwave oven, dishwasher, refrigerator, and a smoked glass wine refrigerator. There is also a great eating space in the kitchen. The mud/laundry room off the kitchen has upper and lower cabinets, a sink and tile floors. In addition to the 10' ceilings throughout, the vaulted family room includes a ceiling fan, gas fireplace and entertainment niche. The vaulted main floor primary suite has its own private 5-piece bath with a frameless shower and walk-in closet. The main level also features two more bedrooms that are vaulted, an updated full bath with dual vanities and quartz countertop, in addition to a half bath for guests. The full-size basement is finished with a large rec/family room, wet bar, a second wine refrigerator, wine rack, and cabinets. Here you'll also find the fourth bedroom, a 3/4 bath with glass doors, and a substantial amount of storage space. The private backyard is beautifully landscaped which is highlighted by a custom stamped concrete patio that wraps around to the front of the house. The house also has a 3-car garage plus a new roof and gutters. This location is convenient to the nearby park and trails, rec centers, shopping, dining, and the soon to be finished new senior center. Make this wonderful home yours!
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| Apr 29, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017