581 GLORIETA Drive
About This Property
Additional highlights include tile flooring in the main living areas, a whole-house water softener, gutters, a 3-car garage with built-in storage shelving, a separate laundry room, and all appliances included. This home offers a wealth of desirable features and is truly a must-see.
Discover Palencia:
Experience a community inspired by the charm of historic St. Augustine and San Marco. Palencia offers resort-style amenities, including:
~ Championship Golf Course
~ Tennis Courts
~ Three Swimming Pools
~ State-of-the-art Fitness Center
~ Athletic Fields & Pocket Parks
~ 30-Acre Park System with boardwalks and nature trailsPalencia is more than a neighborhood - it's a vibrant, family-friendly lifestyle set within a naturally beautiful environment.
Schedule your private showing today and make this exceptional home yours!
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Cap Rate Calculator
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 3, 2025 | Sold | ||
| Sold | |||
| Sep 5, 2025 | In contract | - | |
| In contract | |||
| Aug 22, 2025 | Price Decreased |
$625,000
↓ $25K
(3.9%) | |
| Price Decreased | |||
| Aug 2, 2025 | Price Decreased |
$650,000
↓ $25K
(3.7%) | |
| Price Decreased | |||
| Jul 16, 2025 | Listed by RE/MAX UNLIMITED | $675,000 | |
| Listed by RE/MAX UNLIMITED | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017