1502 Reimer Street
About This Property
Inside, you'll find wood-look tile flooring, designer light fixtures, custom cabinetry, countertops and more. The kitchen offers abundant storage and a built-in desk area. The family room features a stunning remote-controlled fireplace accented with stacked natural stone. Additional interior upgrades include Jeld-Wen windows, new AC unit, custom shutters, air-conditioned upstairs storage and large attic.
Outside is your private backyard oasis with meticulous landscaping and incredible entertaining amenities like an outdoor wood-burning fireplace, kitchen, bathroom, utility building and gated concrete side pad. Sellers' Gun & Rod Country Club Membership offered, subject to approval.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 20, 2026 | Sold | ||
| Sold | |||
| Jun 4, 2026 | In contract | - | |
| In contract | |||
| Jun 1, 2026 | Listed by Coldwell Banker Properties Unlimited | $395,000 | |
| Listed by Coldwell Banker Properties Unlimited | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017