116 11th 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%.
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 30, 2024 | Sold | ||
| Sold | |||
| Jul 2, 2024 | Listed by KELLER WILLIAMS REALTY | $480,000 | |
| Listed by KELLER WILLIAMS REALTY | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 1, 2021 | In contract | - | |
| In contract | |||
| Mar 25, 2021 | Listed | $369,000 | |
| Listed | |||
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ADORABLE downtown Redlands Craftsman pool home right off State street, just a short walk to all the shops, restaurants and bars!! This two bedroom one bath home has MANY new upgrades to include central air and heat with nest thermostat (2017), ALL new kitchen and appliances (2017), new vinyl flooring (2017), POOL (2018) and exterior paint (2020). Large backyard for entertaining, with the room to grow and possibly an ADU. Also this home is very close to ESRI and the University Redlands, and the historic Redlands Train Station, where train service is expected to debut The manager has listed the unit size as 825 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017