1301 REDBUD Lane
About This Property
An elegant, gated entrance with fully irrigated, lush landscaping & mature trees provides privacy and a connection to nature. Here you can enjoy outdoor activities, host gatherings, or just relax by the river taking in the magnificent sunsets of pink & orange or enjoying a cozy bonfire under the starlit sky.
Inside, you are immediately enveloped by the home's warmth designed to maximize the stunning river views, with large windows that allow natural light to flood the space. The kitchen's adjacent dining areas are spacious and provide a picturesque view of the river, ensuring every meal is accompanied by a serene backdrop.
Located on a friendly & welcoming community, the riverfront home is close to local amenities, including shops, restaurants, and recreational facilities.
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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 7, 2025 | Sold | ||
| Sold | |||
| Jul 11, 2025 | In contract | - | |
| In contract | |||
| Apr 30, 2025 | Listed by ONE SOTHEBY'S INTERNATIONAL REALTY | $2,396,200 | |
| Listed by ONE SOTHEBY'S INTERNATIONAL REALTY | |||
Property Highlights
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About Southeast Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017