3051 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 |
|---|---|---|---|
| Nov 18, 2022 | Sold | ||
| Sold | |||
| Oct 13, 2022 | Listed by Compass RE Texas, LLC | $2,295,000 | |
| Listed by Compass RE Texas, LLC | |||
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Tucked in the shade of an extraordinary live oak, this classic home boasts floor-to-ceiling windows, original hardwoods, light-filled living spaces, and tastefully updated kitchen & baths. The discerning eye will appreciate the meticulous preservation of historical context and lasting construction of this timeless centenarian home. Lovely formals, wood burning fireplace, bright family room with built-ins. Spacious Primary Suite with updated bath, large closet and a generous sized balcony. Secondary bedrooms have wide sunny windows and refinished hardwoods. Large backyard, ideal for entertaining and recreation. Built in 2000, the oversized garage and spacious quarters above add 700SF of guest/office space big enough for two full beds and full bath, kitchenette, and enormous storage closet. Tasteful boxwood and azalea landscaping, automatic gate, mossy red brick paths. Walk and bike to schools and restaurants. Hold team practice and birthday parties down the street at Reba park.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017