662 Reba Rd
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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 24, 2022 | No longer available | - | |
| No longer available | |||
| Oct 21, 2022 | Sold | ||
| Sold | |||
| Sep 3, 2022 | In contract | - | |
| In contract | |||
| Jun 1, 2022 | Listed by RE/MAX HOUSE VALUES | $480,000 | |
| Listed by RE/MAX HOUSE VALUES | |||
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FIRST TIME ON THE MARKET!! Set into a well landscaped hillside, this home is being offered by original owner. Lovingly maintained, this 4 bedroom, center hall colonial is ready for a new owner. Step into the entrance foyer with plenty of room to greet guests and remove outerwear. The large living room greets you with a beautiful bay window, hardwood floors and free standing wood stove. The spacious dining room has room to seat many guests around a large table. Prepare to be amazed by the stunning chefs kitchen! Thoughtfully designed, this kitchen an has enormous amount of cabinetry and counter space, a gas cooktop and custom range hood stand in the center of the magnificent island peninsula with seating for 4. The built in pantry cabinets and large fridge will delight most homeowners. Doors off the kitchen lead to basement, garage and powder room. Designed as an open floor plan, the family room is just off the kitchen with sliders to the back patio, large brick fireplace and entrance into laundry room with side door to garage. Upstairs are 4 generous bedrooms including the master suite with en-suite bathroom and walk in closet. The basement is partially finished with "game room" area as well as unfinished workshop, storage and utility room. Minutes from Lake Hopatcong, Rts 80 and 46, as well as the Mt Arlington Train Station, this home can be perfect for commuters. The manager has listed the unit size as 2265 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017