34
Map
26 Reed St
About This Property
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 21, 2026 | Listed by Compass | $1,789,000 | |
| Listed by Compass | |||
| Aug 6, 2025 | Sold | ||
| Sold | |||
| Jun 17, 2025 | In contract | - | |
| In contract | |||
| Jun 5, 2025 | Listed | $729,000 | |
| Listed | |||
| |||
|
Still owned by the original family. What a spot - buyers and builders take note!! . Don’t miss this incredible opportunity to add your own updates to this 3 bedroom Ranch in a simply wonderful Arlington Heights location where neighbors host backyard bbqs together and you can explore so many amenities right within walking distance. Skateboard across the street to McClennan Park, hike the Whipple Hill conservation area, pick your own raspberries at Wright-Locke farm, or enjoy the Arlington Reservoir beach and park just over the hill. Nice sunroom has sliders to wonderful rear deck overlooking very private fenced yard and Lexington conservation area. Finished room in heated basement offers that elusive bonus space, and has a second fireplace (not used for many years). With a little love, this diamond in the rough may be just the one you’ve been waiting for! See disclosure regarding basement flooding and municipal storm drain easement.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017