16740 Redbud Drive
About This Property
No HOA and room to breathe! This home sits on a full acre and needs a little TLC, but it's a fantastic opportunity for the right buyer. Inside you'll find a chef's kitchen with granite, custom cabinets, dual dishwashers & open layout. Outside, enjoy a 30x50 metal workshop, custom tree house, garden, fire pit & chicken coop. With endless potential, this as-is property could be your dream home with just a little work!
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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 |
|---|---|---|---|
| Oct 31, 2025 | Sold | ||
| Sold | |||
| Oct 7, 2025 | In contract | - | |
| In contract | |||
| Sep 18, 2025 | Listed by RE/MAX Signature Properties, M | $495,000 | |
| Listed by RE/MAX Signature Properties, M | |||
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About Red Bud Estates
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,525 /mo
- 2 Beds
- 2 Baths
- 1,289 ft²
$3,000 /mo
- 3 Beds
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Last Updated: 12 months ago
Data Source: NTREIS MLS, MLS# 21063075
Details provided by NTREIS and may not match the public record
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Address: 335 Madison Avenue, New York, NY 10017