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5940 Rena Avenue
About This Property
Great Location! Beautifully remodeled home with well appointed rooms. Cathedral ceilings in open living area with all tile flooring throughout. The master bedroom features an en-suite with Jetted tub, and recently remodeled closet. Kitchen was extended and remodeled in 2019 and equipped with New Appliances. All bathrooms were fitted with new Gerber toilets, and new vanities. A New ''Bradford'' White water, heater and complete AC system including new copper and wiring were installed in 2019. Brand New one tank PVC septic completed this month. The home is surrounded by newly installed 6 ft privacy fencing encompassing the almost 1/4 acre of park like privacy surrounded by a canopy of trees which features a new 12x24 Vaulted screened porch, Storage Shed on slab and a fire pit ar
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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 |
|---|---|---|---|
| Oct 14, 2021 | Sold | ||
| Sold | |||
| Sep 13, 2021 | Listed by Surfside Properties & Mgmt. | $245,000 | |
| Listed by Surfside Properties & Mgmt. | |||
| Jan 22, 2019 | Sold | ||
| Sold | |||
| Aug 12, 2018 | Listed by Surfside Properties & Mgmt. | $164,900 | |
| Listed by Surfside Properties & Mgmt. | |||
| Jul 5, 2018 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017