12 Reed Road
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 |
|---|---|---|---|
| Jun 27, 2022 | Sold | ||
| Sold | |||
| Apr 10, 2022 | Listed by Better Homes and Gardens Real Estate Maturo | $689,000 | |
| Listed by Better Homes and Gardens Real Estate Maturo | |||
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Welcome to your new home in Heritage Point! This beautiful 4 bedroom, 2 1/2 bath home features a brand new kitchen with granite countertops, stainless steel appliances with a custom hood over the stove and a spacious butler's pantry. Brand new hardwood floors can be found throughout the entire first floor with a gorgeous custom living room and a gas fireplace. Brand new windows can be found throughout the entire home with a lifetime warranty, along with recessed lighting around the entire home. Find four bedrooms upstairs with a master bedroom that has an exquisite spa-like bathroom. Step into the backyard for a vacation-like retreat. It has stamped concrete and a built-in fire pit to enjoy with family and friends through all the seasons. A new fence surrounds the property to create an extra private feeling. This home also includes an underground sprinkler system, an alarm system with cameras and a built-in generator. Walking distance to shopping center. Easy access to New Jersey Transit.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017