611 Rennie Drive
About This Property
Room dimensions are approximate and should be verified.
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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 |
|---|---|---|---|
| Sep 19, 2023 | Sold | ||
| Sold | |||
| May 21, 2023 | Listed by Realty ONE Group, Experience | $395,000 | |
| Listed by Realty ONE Group, Experience | |||
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Nestled in the center of Nottingham Country, 611 Rennie Dr. exudes charm. With its spacious yard and extra parking pad, and back of home "alleyway" garage, it offers the perfect setting for entertaining family and friends. This home has a list of upgrades done withing the last year which include a new HVAC system, new tile, carpet, stove top, dishwasher and fresh interior and exterior paint. This home has 4 spacious bedrooms, 2.5 baths, a formal living room and huge family room. 611 Rennie Dr. is zoned to Nottingham Country Elementary School, Memorial Parkway Junior High, and Taylor High School, which has an accountability rating of "A". This home is located less than half a mile from the I10 access road. You will have the best of both worlds, the quiet of being nestled in the neighborhood yet close to shops, restaurants, and entertainment venues. Low tax rate! This home won't last long!
Room dimensions are approximate and should be verified.
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Property Highlights
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About Nottingham Country
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017