48 Reese Circle
About This Property
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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 |
|---|---|---|---|
| Sep 2, 2021 | Sold | ||
| Sold | |||
| Jun 27, 2021 | Listed by Buffum Realty | $259,000 | |
| Listed by Buffum Realty | |||
| Oct 31, 2013 | Sold | ||
| Sold | |||
| Aug 11, 2013 | Listed by Susan J. Colby Real Estate | $139,900 | |
| Listed by Susan J. Colby Real Estate | |||
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An immaculate, sunny home in a great neighborhood with a large private back yard with fruit trees, patio,shed plus a 3 seasons back porch. There are 3 BRS plus two new baths, with ceramic tile. A convenient kitchen, fully applianced with custom cabinets and skylight. Formal dining room and large living room with vaulted ceiling. Newly remodeled family room with wood stove and wet bar. Convenient laundry room with storage, workshop PLUS office or hobby room too. Just a delightful home that reflects pride of ownership.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017