1104 Redbud Street
About This Property
The kitchen has been tastefully updated with butcher block countertops, decorative backsplash, and stainless-steel appliances, making it both stylish and functional. A separate utility room adds convenience, and the washer, dryer, and refrigerator will convey with the property.
The layout offers added privacy with the primary bedroom positioned on the opposite side of the home from the secondary bedrooms. This spacious primary bedroom was created from a converted garage (approximately 16x14) and provides additional living space beyond the square footage reflected on the tax roll. Actual square footage is approximately 1,064 sq ft.
Step outside to enjoy a fully fenced yard with chain-link fencing (left-side gate to be installed), a 10x12 tool shed at the back of the property (to be installed), and a spacious concrete patio perfect for relaxing or entertaining. This pier and beam home features concrete piers rather than concrete block support, offering an added structural benefit. With a newer HVAC system (approximately 2 years old) and updates throughout, this move-in ready home offers exceptional value.
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Cap Rate Calculator
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 21, 2026 | Sold | ||
| Sold | |||
| Jul 10, 2026 | In contract | - | |
| In contract | |||
| Jul 3, 2026 | Price Decreased |
$159,900
↓ $15K
(8.6%) | |
| Price Decreased | |||
| May 5, 2026 | Price Decreased |
$174,900
↓ $5K
(2.8%) | |
| Price Decreased | |||
| Apr 27, 2026 | Relisted | $180,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017