259 Rheem Blvd
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 |
|---|---|---|---|
| Mar 21, 2025 | Sold | ||
| Sold | |||
| Feb 7, 2025 | Listed by Re/Max Synergy Group | $1,588,888 | |
| Listed by Re/Max Synergy Group | |||
| Sep 6, 2024 | Sold | ||
| Sold | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| Aug 12, 2024 | Listed by California 24 | $995,000 | |
| Listed by California 24 | |||
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This charming 3-bedroom home features a freshly painted exterior, mostly new windows, and a new roof. The interior remains vintage! The property is nearly 1/2 acre with MANY mature fruit trees. Don't miss out on this well-priced opportunity in one of the city's most convenient locations. Experience the serene suburban lifestyle in the Rheem neighborhood of Moraga, known for its tight-knit community, friendly residents, and excellent schools. This location is especially convenient to the Rheem Valley Shopping Center, which offers Starbucks, fast and slow food restaurants, essential services, a movie theatre, and more! Nature enthusiasts will love the proximity to several parks, trails, and open spaces, including the Lafayette-Moraga Regional Trail. While nestled in tranquility, Rheem provides easy access to Oakland and San Francisco for commuters and urban adventurers. This charming 3-bedroom home at 259 Rheem Blvd features a freshly painted exterior, a vintage interior, and sits on nearly 1/2 acre with many mature fruit trees. Don't miss out on this well-priced opportunity in one of the city's most convenient locations.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017