7638 Montglen Drive
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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 |
|---|---|---|---|
| Nov 19, 2021 | Sold | ||
| Sold | |||
| Oct 7, 2021 | Listed by Urban Access Properties | $325,000 | |
| Listed by Urban Access Properties | |||
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This Beautiful and meticulously 1 story home with lots of upgrades in the preferred northern section of the Historic Glenbrook Valley. The original formals, den, kitchen, and sunny breakfast room were all opened up with walls removed and combined to create one grand, light-filled, open-concept layout centered around a huge & fantastic kitchen from the studs out - everything was redone! Cabinetry, granite counter, SS appliances, wine fridge, etc... The Primary was expanded to create a luxurious & spacious bath & dressing area with great closet space, separate tub & shower. Updates to systems as well as cosmetics. Covered patio & fenced backyard. Metal roof. Glenbrook has been named a top neighborhood by this Old House and Houstonia magazine. Minutes to Downtown and Hobby Airport. Low tax rate/No HOA. No Harvey Flooding. Don't miss out on this gem. Glenbrook Valley is the perfect place to call home. Come and take a look today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017