7 Glenvale Terrace #3
About This Property
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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.
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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 |
|---|---|---|---|
| Jun 17, 2024 | Sold | ||
| Sold | |||
| Apr 24, 2024 | Listed by Arborview Realty Inc. | $649,000 | |
| Listed by Arborview Realty Inc. | |||
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Fully renovated penthouse condo delivers abundant style & convenience just off JP’s Southwest Corridor Park. Bright rooms with lovely views and creative design touches characterize this 2 bedroom home, such as painted bookshelves in the dining room, statement light fixtures & an arched doorway. The kitchen was completely redone in 2016 w/ new cabinets, counters, SS appliances, peninsula w/ seating, range & vent hood, plus pantry & striking accent wallpaper. Renovation also included the bathroom, new windows & electrical. Enjoy private front & rear decks with a large landing at the unit entry. 2017 overhaul of fenced-in back yard added gorgeous patio surrounded by flowering & apple trees. Proactive, pet-friendly assoc. with many recent updates! Excellent commuter location just a few mins walk to Stony Brook T or bike on the SW Corridor path. Close to the Brewery Complex, Little City Feed, comm gardens, Centre St. Any offers reviewed Tues 4/30 noon. (Rented till 8/15).
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| Apr 29, 2016 | Sold | ||
| Sold | |||
| Feb 23, 2016 | Listed by Gibson Sotheby's International Realty | $309,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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Wonderful opportunity to make this condo your new home. Located in the Jamaica Central-South Sumner neighborhood, with an 86/100 WalkScore, restaurants, shops and the Stony Brook T station are all within a stone's throw. This spacious top floor five room condo has two bedrooms, one bathroom, an eat-in kitchen with wooden cabinets and granite countertops. The dining room is spacious and opens to the living room. There are high ceilings, front and rear porches and loads of sunlight throughout.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/24/2024
|
2 Bed
|
1 Bath
|
963 ft²
|
$649,000
2 Bed
1 Bath
963 ft²
|
$740,000
+14.02%
06/17/2024
|
Jacob Medoff
Star Residential, LLC
| |
|
02/23/2016
|
2 Bed
|
1 Bath
|
963 ft²
|
$309,000
2 Bed
1 Bath
963 ft²
|
$370,000
+19.74%
04/29/2016
|
Frank Celeste
Gibson Sotheby's International Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017