63 Glades Boulevard #3
About This Property
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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 |
|---|---|---|---|
| Sep 25, 2025 | Sold | ||
| Sold | |||
| Aug 19, 2025 | In contract | - | |
| In contract | |||
| Aug 9, 2025 | Listed by Tropics Real Estate, LLC | $193,000 | |
| Listed by Tropics Real Estate, LLC | |||
| May 6, 2025 | No longer available | - | |
| No longer available | |||
| Mar 13, 2025 | Price Decreased |
$239,000
↓ $26K
(9.8%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/09/2025
|
2 Bed
|
2 Bath
|
1204 ft²
|
$193,000
2 Bed
2 Bath
1204 ft²
|
$188,000
-2.59%
09/25/2025
|
Marlene Graham
Tropics Real Estate, LLC
| |
|
11/05/2024
|
2 Bed
|
2 Bath
|
1200 ft²
|
$294,900
2 Bed
2 Bath
1200 ft²
|
-
-
|
Kathleen Leavesley
Coffey Real Estate Agency LLC
| |
|
03/15/2024
|
2 Bed
|
2 Bath
|
1200 ft²
|
$299,900
2 Bed
2 Bath
1200 ft²
|
-
-
|
Kathleen Leavesley
Coffey Real Estate Agency LLC
| |
|
01/15/2013
|
2 Bed
|
2 Bath
|
1200 ft²
|
$106,000
2 Bed
2 Bath
1200 ft²
|
$90,000
-15.09%
05/31/2013
|
Heather Zurlo
John R Wood Properties
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017