1
Map
11 Reed Street
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 3, 2011 | Sold | ||
| Sold | |||
| Jun 5, 2011 | Listed by Tangney Properties | $189,900 | |
| Listed by Tangney Properties | |||
| Oct 26, 2010 | Sold | ||
| Sold | |||
| Aug 2, 2010 | Listed by ERA Key Realty Services | $94,900 | |
| Listed by ERA Key Realty Services | |||
| | |||
|
Huge Reduction!!! Here is the opportunity you were looking for ! West Side Location. Home features 1.5 baths, hardwood flooring , fireplaced living room, off street parking, private back yard and an inground swimming pool.Home needs work but the potential is there. Bank of America Prequalification required on all non-cash offers. Cash Offers require proof of funds with the offer. Property SOLD AS IS.
| |||
| Jan 15, 2010 | Listed by Tangney Properties | $144,900 | |
| Listed by Tangney Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017