7940 Glen Lane
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 |
|---|---|---|---|
| May 24, 2024 | Sold | ||
| Sold | |||
| May 10, 2024 | No longer available | - | |
| No longer available | |||
| May 8, 2024 | Listed by Keller Williams Experience | $375,000 | |
| Listed by Keller Williams Experience | |||
| May 1, 2024 | In contract | - | |
| In contract | |||
| Apr 25, 2024 | Listed by Keller Williams Experience | $400,000 | |
| Listed by Keller Williams Experience | |||
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Step into this charming 3-bedroom, 2.5-bathroom split-level with SUB-BASEMENT! This home is nestled in a cul-de-sac in the coveted Farmingdale Terrace neighborhood, backs to gorgeous greenspace of Pinewood Park and with close proximity to Concord Elementary school. The main floor boasts hardwood flooring throughout the inviting living and dining areas. The kitchen offers space for a bistro table or island. Upstairs, discover three bedrooms, including the primary suite with its own convenient half bath that could be converted to a full bath. A full hall bath serves the additional bedrooms. The lower level boasts a generous family room with a cozy fireplace, a full bathroom, and an adjacent office space that leads to the finished sub-basement complete with a wet bar. Situated on a tranquil cul-de-sac and just steps from Pinewood Park, this home offers the perfect blend of peaceful living and accessibility to nearby shopping, dining, and highways. With your personal touch, this house is poised to become your dream home. MULTIPLE OFFERS RECEIVED, BEST AND FINAL OFFERS REQUESTED BY MONDAY 4/29 AT 1PM. The manager has listed the unit size as 1851 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017