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3016 Redwood LN
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 |
|---|---|---|---|
| Aug 6, 2026 | Sold | ||
| Sold | |||
| Jul 2, 2026 | In contract | - | |
| In contract | |||
| May 30, 2026 | Listed by Southern Heritage Real Estate | $29,000 | |
| Listed by Southern Heritage Real Estate | |||
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Great location in a growing area of Port LaBelle! This is an excellent location for your new dream home or a great spot for a spec home, in a growing area of new and newer homes! Near schools, including the LaBelle campus of Florida Southwestern State College, shopping and medical, and the new LaBelle Sports Park!
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| Jul 18, 2022 | Sold | ||
| Sold | |||
| Jul 17, 2022 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017