70 Glades Boulevard #3
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 |
|---|---|---|---|
| Mar 14, 2025 | Sold | ||
| Sold | |||
| Feb 23, 2025 | In contract | - | |
| In contract | |||
| Feb 21, 2025 | Price Decreased |
$219,000
↓ $20K
(8.4%) | |
| Price Decreased | |||
| Jan 8, 2025 | Price Decreased |
$239,000
↓ $20K
(7.7%) | |
| Price Decreased | |||
| Nov 12, 2024 | Listed by John R Wood Properties | $259,000 | |
| Listed by John R Wood Properties | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/12/2024
|
2 Bed
|
2 Bath
|
1270 ft²
|
$259,000
2 Bed
2 Bath
1270 ft²
|
$219,000
-15.44%
03/14/2025
|
Heather Zurlo
John R Wood Properties
| |
|
11/16/2023
|
2 Bed
|
2 Bath
|
1204 ft²
|
$325,500
2 Bed
2 Bath
1204 ft²
|
-
-
|
Brenda Casiano
Sonia Rios Realty
|
Building Info
About East Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017