1923 Redway Lane
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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 |
|---|---|---|---|
| Jan 17, 2025 | Sold | ||
| Sold | |||
| Dec 21, 2024 | In contract | - | |
| In contract | |||
| Dec 18, 2024 | Listed by Tu Casa Realty | $229,000 | |
| Listed by Tu Casa Realty | |||
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Nestled in the sought-after Clear Lake Area, this remarkable property features 3 bedrooms, 2 full bathrooms, a 2-car garage, and a mix of tile and carpet flooring. Enjoy a refreshing pool with a fence, a cozy sunroom. With double-pane windows and an air-conditioned sunroom, this home offers comfort and style. Located in the top-rated CCISD School District, residents also have access to community pools and parks. Conveniently situated near major freeways like I-45, El Dorado, and Bay Area, as well as just minutes away from Baybrook Mall and various shopping centers. Explore nearby attractions such as NASA and Kemah Boardwalk.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017