40
Map
257 Reynolds 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 |
|---|---|---|---|
| Sep 9, 2026 | In contract | - | |
| In contract | |||
| Aug 25, 2026 | Listed by RE/MAX RISE | $314,900 | |
| Listed by RE/MAX RISE | |||
| Nov 9, 2023 | Sold | ||
| Sold | |||
| Oct 5, 2023 | In contract | - | |
| In contract | |||
| Sep 28, 2023 | Listed by RE/MAX Destination | $245,000 | |
| Listed by RE/MAX Destination | |||
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**Multiple Offers: Offer Deadline of Tuesday, 10/3 at 7pm.** Your time to own a country getaway is here! This adorable cottage is tucked in the quiet woods offering privacy, space to grow, and access to Coventry Lake. This 3 bed/1 bath home sits on 1 acre and was fully remodeled in 2015. The front door leads you into the spacious dining area with a glass slider and lots of windows. Around the corner is the kitchen with bright white cabinet with granite counters and newer stainless appliances. The living room is off the kitchen, with access to the full bath with tub/shower. The same laminate flooring is throughout for a consistent look and can complement any decor style. The main floor has two small bedrooms, with the primary bedroom upstairs. Laundry is on the main level inside a convenient closet. Outside amenities include a back wood deck, covered front porch and huge flat yard. Roof was replaced in 2015. Exterior wood siding will be painted in October 2023. The association lake access is a quick car or bike ride. A great place to drop in your kayak/paddle board or take a swim. Convenient location to Route 6 for those commuting to Hartford or beyond. Also, not far from UConn or ECSU campuses.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017