947 N Glendora Avenue
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 |
|---|---|---|---|
| Oct 1, 2026 | Listed by RE/MAX MASTERS REALTY | $899,900 | |
| Listed by RE/MAX MASTERS REALTY | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 25, 2021 | In contract | - | |
| In contract | |||
| Mar 4, 2021 | Listed | $849,000 | |
| Listed | |||
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Situated high in the Foothills of Glendora in a privately gated community, this over 5 acre property offers breathtaking views, privacy galore and huge potential to build a spectacular home. There is a 2 bedroom home, originally built in 1924 as a Hunting Lodge with a large stone fireplace, original woodwork thru-out. Recent improvements include dual pane windows and solar heating which is owned, not leased. Years ago, the owners built a large barn which they later converted to a one bedroom loft rental. The current tenant pays $1,000 a month and would love to continue renting if the new buyer wishes. This property has been in the family for many years. At one time, they had llamas, chickens and 5 horses with plenty of room for a training ring. This wonderful property has huge potential for someone looking to build their dream home or someone who just wants to get away from it all and enjoy living privately in the foothills away from the hustle and bustle of the city. The manager has listed the unit size as 864 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017