611 Reinerman Street
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 12, 2023 | Sold | ||
| Sold | |||
| Mar 16, 2023 | Listed by 1 Percent Lists Bruti Group | $570,000 | |
| Listed by 1 Percent Lists Bruti Group | |||
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Location, Location, Location! Situated in prestigious Rice Military just minutes from the Washington Avenue Corridor and downtown this is city living at it's best! This Mediterranean style home has it all! A double wide driveway long enough for additional parking complete with a gate for maximum security. As you walk in the front door you are greeted by the beautiful formal foyer with just a few steps down to the first floor where there is a large bedroom complete with a full bathroom and 2 car attached garage with built in shelving. Just a few steps up and you will enjoy the huge family room with a fireplace and dining room. With the kitchen overlooking it's an entertainer's dream. The owner's retreat is nestled in on the top floor with vaulted ceilings and a city view. The second bedroom and laundry facilities are just down the hall. If you're looking for a city home close to everything this is it, Welcome home! Schedule your private showing today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017