3935 Reinhardt Dr
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 |
|---|---|---|---|
| Aug 5, 2025 | Sold | ||
| Sold | |||
| Jul 10, 2025 | In contract | - | |
| In contract | |||
| Jun 13, 2025 | Listed by Compass | $1,195,000 | |
| Listed by Compass | |||
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The perfect layout, park-like backyard, and proximity to schools is unmatched in this mid-century Redwood Heights stunner. Built in 1951, this residence showcases the timeless appeal of large, open rooms and clean, flowing spaces, inviting you to experience the quintessential California lifestyle, both indoors and out. The heart of the home features an inviting family room with an exposed beam ceiling, seamlessly connected to a sprawling park-like backyard through expansive glass doors. This effortless indoor-outdoor transition is perfect for hosting gatherings or enjoying serene relaxation spaces. Three well-appointed bedrooms, including a primary suite, are thoughtfully positioned in a private hallway wing, ensuring a peaceful retreat. An additional bedroom suite on the lower level offers versatility, ideal for guests or a home office. Numerous recent upgrades including solar, seismic retrofitting, a smart electrical panel ,and compliant sewer lateral make this home truly turnkey. Interior access from the 2-car garage and a separate laundry room on the main bedroom level add convenience to this special offering. This unique property on a large lot is a rare find, blending comfort, style, outdoor living and location seamlessly. Come see for yourself!
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| Jun 20, 2018 | Sold | ||
| Sold | |||
| May 18, 2018 | Listed by RED OAK REALTY | $899,000 | |
| Listed by RED OAK REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017