27 Red Bird Lane
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%.
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 |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| May 19, 2025 | In contract | - | |
| In contract | |||
| Apr 15, 2025 | Price Decreased |
$424,500
↓ $25K
(5.6%) | |
| Price Decreased | |||
| Feb 24, 2025 | Listed by Lake Homes Realty, LLC | $449,500 | |
| Listed by Lake Homes Realty, LLC | |||
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Open water views on protected waterfront make this the perfect lake getaway or forever home. Situated on a private road on two lots for a total of 1/2 acre. Recently fully renovated, this home is completely move-in ready with beautiful finishes such as marble countertops and tile and wood floors. Banquet-style seating in the dining area and open concept layout with lots of windows and natural light showcasing the stunning lake views. Boathouse features boatlift, dbl jet ski lift, dock storage, private shower and a rare covered 2nd story deck for entertaining and relaxing any time of day. Home is on the left lot with the vacant lot to your right that can be accessed from the backyard or via car thru the private gate. You must see this one to appreciate all it has to offer at a very affordable price for lake front property. Call today for your private tour.
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| Aug 31, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017