16 Redwood 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 |
|---|---|---|---|
| May 15, 2020 | Sold | ||
| Sold | |||
| Nov 8, 2019 | Listed by Non Member Office | $529,900 | |
| Listed by Non Member Office | |||
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Beautiful young colonial waiting for its next family!! Step into the open concept entrance with views of the formal dining room and eat in kitchen. New granite counters and stainless appliances. Formal livingroom enhanced with french doors. Family room is loaded with windows and high ceiling. The brick fireplace adds to the charm on those cold winter nights. Master bedroom which is back to front with walk in closet and master bath. All bathrooms also have new granite counters. 2 car garage under plus a private deck, generator hookup, irrigation system, central vac, city water, city sewer and nice yard are just an added bonus! Drive by and fall in love.
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| Jun 21, 1996 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017