13
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2140 Redbud Drive
About This Property
The property also includes an additional outbuilding currently being used as a second bedroom, offering extra space for guests, family, or flexible use. Mature trees throughout the yard provide abundant shade, helping create a cool and inviting outdoor setting. A white metal fence surrounds three sides of the property, while an attractive iron fence lines the road frontage, adding both privacy and curb appeal.
Summer is just around the corner, making now the perfect time to secure your own lake getaway before it's gone. As an added opportunity, the property across the street is also available, offering even more potential for expansion or investment.
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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 26, 2026 | Price Decreased |
$50,000
↓ $25K
(33.3%) | |
| Price Decreased | |||
| May 21, 2026 | Listed by UCRE - Tx Home and Ranches RE | $75,000 | |
| Listed by UCRE - Tx Home and Ranches RE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017