481 Reynolds Lane
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 |
|---|---|---|---|
| Sep 11, 2020 | Sold | ||
| Sold | |||
| Jul 28, 2020 | No longer available | - | |
| No longer available | |||
| Jun 3, 2020 | Listed | $148,000 | |
| Listed | |||
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The owner purchased in 2018. No flooding during Harvey, but flooded in Imelda. The Master bedroom has a large walk-in closet. The kitchen has tile flooring and granite counter tops plenty of cabinets and a pantry. The breakfast and living room is an open concept with wood laminate flooring. Attached laundry room leads to the attached two-car garage. Fenced in backyard with a storage building and covered back patio. The manager has listed the unit size as 1345 square feet.
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| Aug 11, 2018 | No longer available | - | |
| No longer available | |||
| Jun 14, 2018 | Listed | $144,000 | |
| Listed | |||
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No Flooding from Harvey. House is nine years young comes with a stove, refrigerator,and dishwasher, inside utility room. The master bedroom has a large walk in closet, kitchen has granite and tile flooring, and a pantry. The breakfast room and living room is open concept with wood flooring. Two car garage with an exit door to back of garage where you can drive through. Covered back patio, fenced in back yard with a storage building, This one is move in ready and want last long. The manager has listed the unit size as 1318 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017