2167 Reineman Rd
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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 |
|---|---|---|---|
| Aug 13, 2025 | Sold | ||
| Sold | |||
| Jul 24, 2025 | In contract | - | |
| In contract | |||
| Jul 10, 2025 | Price Decreased |
$785,000
↓ $45K
(5.4%) | |
| Price Decreased | |||
| May 31, 2025 | Price Decreased |
$830,000
↓ $20K
(2.4%) | |
| Price Decreased | |||
| Apr 7, 2025 | Listed by eXp Realty of Southern CA | $850,000 | |
| Listed by eXp Realty of Southern CA | |||
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VA Assumable Loan at 5.5% (details at bottom). FULLY PAID solar with Tesla Power Wall, upgraded kitchen with new appliances, new roof, new water heater, 48-amp Level II EV car charger, electric panel, upgraded insulation in attic and HVAC venting, new LED lights, AFCI/GFCI’s, ethernet ports, blink security cameras with floodlights and doorbell camera. This highly upgraded home situated on a quiet, private street, on a spacious, better than a half-acre (.56) lot is an exceptional value with low taxes, NO HOA and has room for your own dreams of a pool or an ADU (no need to worry about septic as this home is connected to sewer). The beautifully updated kitchen features white granite countertops over cream color cabinets (with soft-close doors) and new appliances around a butcher block center island. The living room is warmed by a wood burning stove. The primary suite features a cedar-lined walk-in closet and upgraded bath. Flooring throughout the home is hard surface with no carpet. A bonus room off the kitchen can be your home office or a family room and provides ample storage space. Step outside to enjoy the expansive backyard deck. But don’t miss the tree house in the spacious backyard. A large custom-built storage shed is equipped with tons of cabinet space for your outdoor tools. Your new life is just a short drive to a small town where you’ll see faces you know as you shop local grocery stores, coffee shops, restaurants, art studios, farmer’s market or attend many of the town’s fun events such as the Avocado Festival, farmer’s market, 4th of July and Christmas parades. Seller will agree to VA loan assumption to a VA buyer only. Loan balance=$733K, Rate=5.5%, Principle=$897 per mo., Interest=3364 per mo., current total payment=$5200 with tax/ins.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017