30
Map
73 Reed Drive
About This Property
This impeccably maintained home offers an abundance of space and flexibility for any lifestyle. Every room is generously sized and can be easily adapted to meet your needs. Currently configured as a three-bedroom residence, the expansive primary suite is large enough to be reimagined into additional rooms if desired.
Nestled mid-block on a wide, quiet interior street within the sought-after Herricks School District, this home is conveniently located near shopping, dining, and just minutes from train stations and major highways.
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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 |
|---|---|---|---|
| Mar 3, 2026 | Sold | ||
| Sold | |||
| Dec 10, 2025 | In contract | - | |
| In contract | |||
| Nov 13, 2025 | Listed by Daniel Gale Sothebys Intl Rlty | $1,499,000 | |
| Listed by Daniel Gale Sothebys Intl Rlty | |||
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About Greater Roslyn
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017