57 Reed Avenue
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%.
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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 |
|---|---|---|---|
| Oct 8, 2024 | Sold | ||
| Sold | |||
| Aug 15, 2024 | In contract | - | |
| In contract | |||
| Aug 6, 2024 | Listed by Keller Williams Realty WNY | $199,000 | |
| Listed by Keller Williams Realty WNY | |||
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Welcome to 57 Reed Avenue. This meticulously maintained home is truly move in ready with blinds on windows, all kitchen appliances and the washer and dryer . The quiet street is a haven of relaxation and also close to many amenities and shops. You will love the large clean kitchen with two patio doors that exit to the lovely deck in the back yard. Low maintenance brick exterior and a one car garage as well. Enjoy the living/dining combo on either side of the front entrance with a vestibule and coat closet. Three well sized bedrooms upstairs with a full bath. The basement is nice and dry with the washer and dryer area. There is a finished room which houses exercise equipment that stay with the home. Newer vinyl windows throughout the house and furnace with AC are some of the updates.All offers delayed until August 13,2024 at 12PM
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Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Lackawanna
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$1,700 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017