1202 Rene Drive
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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 |
|---|---|---|---|
| Apr 26, 2024 | Sold | ||
| Sold | |||
| Feb 14, 2024 | Listed by The People's Realty Group, Inc | $300,000 | |
| Listed by The People's Realty Group, Inc | |||
| | |||
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This home is a dream come true! With its open floor plan, freshly painted walls, newly installed laminate flooring in communal areas, and new carpeting in each bedroom, it's a perfect combination of style and comfort. The completely remodeled kitchen features new stainless-steel appliances that match the decor, including a washer and dryer. You'll love the newly installed 3-ton AC and the completely resurfaced 10-ft Gunite pool in the super-sized backyard, perfect for additional amenities such as a playground for the kids or a play area for your furry family member. This home is move-in ready, and with eligibility for FHA or VA loans, it's an opportunity you can't afford to miss. Don't wait, schedule a viewing today and make this your forever home! It’s a must-see for first-time, or move-up buyers.
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| Jan 15, 2024 | Sold | ||
| Sold | |||
| Sep 7, 2023 | Listed by Keller Williams Heritage West | $215,000 | |
| Listed by Keller Williams Heritage West | |||
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About Alvarado
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017