2415 Reba Drive
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 |
|---|---|---|---|
| Jul 7, 2021 | Sold | ||
| Sold | |||
| May 17, 2021 | Listed by Greenwood King Properties | $1,895,000 | |
| Listed by Greenwood King Properties | |||
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Unique opportunity for a primary bedroom suite located on the first floor.Thoughtfully designed and updated w/an addition and pristinely maintained to exude the charm and character of the architectural style true to the 1940 era.The property oozes with cool California Style and you immediately feel as if you are on vacation the moment you enter the residence.Highlights include: new electrical panel & copper lines, PEX plumbing, insulation, mosquito system, landscape lighting & design, new drainage system, heated pool & spa, outdoor kitchen, video/security system, 2 gas fireplaces in the living areas, wood flooring, French doors, new shutters, wood carport w/automatic gate and reclaimed French oak front door.Kitchen has Bentwood cabinets, wlk-in pantry, dbl ovens, steam oven, warming drawer, gas cooktop and stainless vent a hood, water chiller, hot water faucet, wine cooler and under sink water purification system.Incredible closet space including attic and cedar closets.All per seller.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017