3108 Redbud Trail
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 |
|---|---|---|---|
| Jun 27, 2025 | Sold | ||
| Sold | |||
| Jun 2, 2025 | In contract | - | |
| In contract | |||
| May 11, 2025 | Price Decreased |
$375,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Mar 19, 2025 | Listed by eXp Realty LLC | $380,000 | |
| Listed by eXp Realty LLC | |||
| | |||
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Welcome to 3108 Redbud Trl., a spacious 4-bedroom, 3-bath brick home in the desirable Belvedere Estates of Sherman, TX. With 2,528 sqft of living space, this well-maintained home offers plenty of room to spread out. Upon entering the foyer you will find 2 rooms which can be used as a formal dining and a cozy sitting area. As you open the double doors you will find a spacious living room that provides entertainment or relaxation. The updated kitchen features stainless steel appliances, a double oven, a pantry and a built-in hutch in the breakfast area. The primary suite boasts dual vanities with his and her separate walk-in closets. Off the living area you will find a bonus room that can be used as a sunroom, game room or craft room. Outside, the landscaped backyard has a gazebo for your outdoor enjoyment. Additional features include a circle drive, sprinkler system, an automatic gate leading to the rear-entry garage, a shed that has electricity with a 50-AMP outlet for RV hookup, and two small out buildings. There’s enough parking to accommodate your large toys, RV Camper, Boat and extra vehicles. Located near Pecan Grove Park with walking trails, fishing, and picnic areas, this home combines comfort, convenience, and charm in a fantastic neighborhood. Sellers recently replaced hot water heater and HVAC unit. Selling home AS-IS.
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| Aug 27, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017