2216 Reinerman Street
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 |
|---|---|---|---|
| Sep 30, 2021 | Sold | ||
| Sold | |||
| Sep 2, 2021 | Listed by Compass RE Texas, LLC | $485,000 | |
| Listed by Compass RE Texas, LLC | |||
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SHOWINGS BEGIN AT OPEN HOUSE 9/5. Rare inner-loop two-story corner home with great upgrades in Cottage Grove. The airy first floor features an open floor plan with gorgeous wood flooring, living, dining, kitchen, breakfast room and half bath. The spacious kitchen offers classic modern finishes with white cabinetry, quartz counters, stainless Bosch appliances and subway tile backsplash. Upstairs, the large primary suite features wood flooring, tray ceiling, walk-in closet and beautiful bath with double sinks, quartz counters, jetted tub and glass enclosed shower. Two guest bedrooms share a Jack and Jill bath and a game room is an added bonus. Fenced front and side yards offer recently refreshed landscaping and a connection for a gas grill. This home is located in the best part of Cottage Grove with wide streets and ample street parking. Easy access to area restaurants and nightlife, downtown, and area freeways to get you wherever you need to go. Never flooded and no HOA!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017