1015 Reiley Rd.
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 |
|---|---|---|---|
| Feb 26, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Feb 14, 2025 | Price Increased |
$650,000
↑ $50K
(8.3%) | |
| Price Increased | |||
| Oct 30, 2024 | Listed by Just Focus Real Estate | $600,000 | |
| Listed by Just Focus Real Estate | |||
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Looking for your waterfront property, next STR investment, vacation home, or commercial property? Well, this property can be any of those things!! Come take a look at this nicely updated 3-bedroom, 2-bath water front property located on Lake Placid in Seguin, TX that is right across the water from Son's Island, down the street from Zipps RV, & Red Beards Landing. It is currently being used as an Airbnb vacation home & the backyard is setup to make some beautiful memories! The views begin when you step into the living room & is quickly enhanced as you walk out onto a nice level concrete patio. There is a large storage shed to keep all your water accessories & a covered boat & jet ski lift to store your toys The dam is in the process of being repaired and water levels are expected to return no later than the summer of 2025. You can view the 3D model of this property by clicking the virtual tour button above.
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| Sep 29, 2023 | No longer available | - | |
| No longer available | |||
| Apr 21, 2023 | Listed by Just Focus Real Estate LLC | $650,000 | |
| Listed by Just Focus Real Estate LLC | |||
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Come take a look at this nicely updated 3-bedroom, 2-bath water front property located on Lake Placid in Seguin, TX that is right across the water from Son's Island. It is currently being used as an Airbnb vacation home & the backyard is setup to make some beautiful memories! The views begin when you step into the livingroom & is quickly enhanced as you walk out onto a nice level concrete patio. There is a large storage shed to keep all your water accessories & a covered boat & jet ski lift to store your toys. There is also a secondary deck that stretches out to the edge of the lake. Currently the Guadalupe river still flows through, & the owners have built a staircase down, so you can still experience the water. The dam is expected to be completed in the summer of 2025 & once that happens the lake will be filled again! The manager has listed the unit size as 1494 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017