323 Reid Street
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, 2020 | Sold | ||
| Sold | |||
| Oct 1, 2020 | Listed by Vanacor Properties | $300,000 | |
| Listed by Vanacor Properties | |||
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Custom Built home in North Lindale Park within walking distance to the rail line. A two story entry way opens to the crown moulding lined high ceilings in the living area. Wood looking porcelain tile on the floors throughout the first floor for style and durability. Custom site built cabinets in the kitchen, baths and laundry room. Granite counters, stainless steel appliances and bubbled glass pendant lights round out the kitchen. First floor bedroom and full bath doubles as a zoom room for an at home education center or office. Follow the solid wood, wrought iron spindled stairs to the second floor to find the primary suite and secondary bedroom. Radiant Barrier, Plantation Shutters, double pane windows and zoned HVAC systems, assist in the energy efficiency of the home. The garage features doors on the front and back of the garage and the double wide driveway can fit up to 3 cars behind the automatic gate. Come out and see all the details this home has to offer. NO MUD no HOA.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017