1820 Red Bluff Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 2, 2024 | Sold | ||
| Sold | |||
| May 24, 2024 | In contract | - | |
| In contract | |||
| Feb 8, 2024 | Listed by Trotwood Realty | $450,000 | |
| Listed by Trotwood Realty | |||
| | |||
|
37,225 SF of land with 3,000 sq ft buildings. Great high growth area. Pasadena, Texas, offers a strategic location within the Houston metropolitan area, with easy access to major transportation routes. It boasts a diverse economy, supportive business programs, and a lower cost of living. These factors make it an ideal environment for businesses to thrive and grow. The city is committed to supporting businesses, including tax abatements, grants, and low-interest loans. Pasadena Economic Development Corporation (PEDC) actively promotes economic growth and provides resources to entrepreneurs and businesses looking to establish or expand operations in the area. Residential or commercial development is welcome here.
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017