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249 Rennie Avenue
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 |
|---|---|---|---|
| Oct 5, 2026 | Sold | ||
| Sold | |||
| Sep 17, 2026 | In contract | - | |
| In contract | |||
| Aug 31, 2026 | Listed by The Agency | $3,500,000 | |
| Listed by The Agency | |||
| Sep 11, 2017 | Sold | ||
| Sold | |||
| Jul 8, 2017 | Listed by VALNES BELL REALTORS | $3,195,000 | |
| Listed by VALNES BELL REALTORS | |||
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Architectural Digest eat your heart out! Designed by Robert Thibodeau, an award winning Venice architect and meticulously crafted by current owners, this modern "green" home and guesthouse apartment is as much a piece of art as it is a home. Designed to be part of the landscape, this private and secure property sits amongst mature trees and beautiful outdoor spaces, created by award winning landscape designer, Stefan Hammerschmidt. Located on one of the best streets in Venice, next to Rose Avenue, and a short walk to the beach and Abbott Kinney, this one of a kind property will leave you speechless. The guesthouse apartment is a one bed/one bath located on top of a 2 car spacious garage completely separate from the main home. An additional guest parking space is included. Please enjoy the video under virtual tour. See website for a complete list of features. The feature list is a "must-see".
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About West Los Angeles
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$9,875 /mo
- 4 Beds
- 1 Bath
- 1,690 ft²
$7,800 /mo
- 2 Beds
- 2 Baths
- 1,597 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017