10 Redman 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%.
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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 7, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $449,900 | |
| Listed | |||
| | |||
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Live year round at the beach in this surprisingly spacious, 4 bedroom, 2 full bath home on a corner lot, just 2 blocks from North Beach. Great floor plan for entertaining or getting away from the bustle of the house. Two bedrooms & a full bath up. Two bedrooms & a full bath down. Great updates and upgrades in the attractive kitchen, hardwood flooring, new roof with warranty, easy care vinyl siding & newer windows. Excellent 3 season enclosed porch at the back of the house and a nice south-facing deck on the front. Natural gas baseboard heat w/2 zones or fire up the wood stove. Live here or rent it out for considerable summer or year round income. You will love the proximity to 5 oceanfront State Parks and sunrises. Handy shed for your beach toys & garden tools. Storage & parking-a-plenty in an oceanside neighborhood where pride of ownership is the rule rather than the exception. Tenant occupied thru Sept. 1, 2017. Lease can transfer. Minutes to shopping & entertainment. Routes 101 & I-95 nearby for easy commuting. The manager has listed the unit size as 1808 square feet.
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| May 1, 2017 | Listed by The Gove Group Real Estate, LLC | $449,900 | |
| Listed by The Gove Group Real Estate, LLC | |||
| Mar 21, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017