1006 Redbud Point
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 |
|---|---|---|---|
| Aug 31, 2021 | Sold | ||
| Sold | |||
| Jul 23, 2021 | Listed by Berkshire HathawayHS Pondera | $1,649,500 | |
| Listed by Berkshire HathawayHS Pondera | |||
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Talk about Location! And Views! Nice Gaines Bend home on one of the prettiest lots on Possum Kingdom Lake. Stone exterior residence with light and bright interior has open concept living, dining and kitchen area, 4 bedrooms, 3 full baths, a separate office full of built-in cabinets, plus game room. The home is surrounded by a big yard that gently slopes to the water's edge for easy lake access. The one-of-a-kind boat dock is situated to provide unobstructed broad views of the lake from the home, covered patios, and outside cooking area. Excellent floor plan. Home sells mostly furnished, including nice shuffleboard table and pool table. This is a great family-friendly home in a premier gated community.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017