3423 Redbud 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 15, 2024 | Sold | ||
| Sold | |||
| Jan 18, 2024 | Listed by Compass -- Raleigh | $700,000 | |
| Listed by Compass -- Raleigh | |||
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jul 31, 2018 | Sold | ||
| Sold | |||
| Jul 16, 2018 | Listed | $450,000 | |
| Listed | |||
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Beautiful ITB Bungalow! Located in the highly desirable Ridgewood Subdivision, within walking distance to shops and restaurants and easy access to Wade Ave and 440. Hardwoods in large, open dining/living room. Separate family room features built in bookshelves and fireplace. Office/sunroom with tons of natural light and separate entrance. Huge screened in porch with views of private, tree-lined backyard create a beautiful space to relax. The manager has listed the unit size as 1888 square feet.
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About North Hills
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$1,950 /mo
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$2,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017