2115 Reinerman Street
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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%.
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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 4, 2022 | Sold | ||
| Sold | |||
| Feb 28, 2022 | Listed by Realty Associates | $525,000 | |
| Listed by Realty Associates | |||
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Very nice 2-story home in desirable Cottage Grove! Literally one minute to I-10, but no noise, very quiet inside and outside. Built in 2014, looks new! One of the best and very efficient floor plans of Sandcastle Homes. New paint, new carpet, hardwood floors downstairs, stainless steel Bosch appliances in the kitchen, granite countertops, lots of cabinets! Very generous room sizes, 3 bedrooms and a lovely game room with built-ins upstairs. The location is fantastic: everything is close and only 5 minutes walk to the bike trail! Hurry, won't last!
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About Central Houston
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Last Updated: 5 months ago
Data Source: HAR , MLS# 31185229
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017