1389 Big Red Rd
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 |
|---|---|---|---|
| Mar 1, 2022 | Sold | ||
| Sold | |||
| Jan 19, 2022 | Listed by Coldwell Banker West | $979,000 | |
| Listed by Coldwell Banker West | |||
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Located on a quiet street just minutes from the freeway and town. This is a single story home that's been recently remodeled throughout! Remarkable open kitchen to living room living space with beautiful wood beams and rock wrapped pillars. This backyard is huge and ready for entertaining guests, perfect spot for pool in back yard as Septic location is in front yard. Lots of room for parking extra vehicles, and or potentially a granny flat. Storage shed will convey. Oversized 2 car garage with built in cabinets, 30ft deep.
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| May 12, 2016 | Sold | ||
| Sold | |||
| Mar 24, 2016 | Listed by Keller Williams Realty | $550,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017