19079 REDLAND 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%.
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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.
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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 1, 2012 | Sold | ||
| Sold | |||
| Feb 17, 2012 | Listed by Century 21 United - Action | $134,800 | |
| Listed by Century 21 United - Action | |||
| Aug 15, 2007 | Sold | ||
| Sold | |||
| Aug 17, 2006 | Listed by 1st State Realty | $385,000 | |
| Listed by 1st State Realty | |||
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4.42 Acre tract with approx. 500 ft of frontage on Redland Rd north of 1604. Currently zoned R6 and unplatted. Has commercial property on east border. Mature trees. Corner lot at entry to Redland Ridge subdivision. There is a recognized Edwards sinkhole on the western side of the property which will have an impact on development. Should be plenty of room left over. This is close to the just announced (but tentative) Tesoro corporate headquarters site. Priced at $2 / ft way below nearby property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017