36 Redstone Drive
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 21, 2022 | Sold | ||
| Sold | |||
| Apr 20, 2022 | Listed by Benton Real Estate Company | $675,000 | |
| Listed by Benton Real Estate Company | |||
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Hidden Ponds Estates, East Longmeadow's newest and most unique subdivision. This land is the site of a former redstone quarry. and has a lot of history and a different look than most subdivisions and contains 2 ponds. This home has an open concept floor plan and an interior custom finish that is used in only our premier homes. Master bedroom has 2 walk-in closets and master bath has a custom tiled walk-in shower and a soaking tub. Rose-Bud Builders has been building homes in East Longmeadow and surrounding towns for over 20 years. This house does have about 180 feet frontage on a small pond. Under construction. House has a full walk-out basement, perfect for future living area. Completion date in May.
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| Sep 4, 2020 | Sold | ||
| Sold | |||
| Nov 8, 2018 | Sold | ||
| Sold | |||
| Oct 13, 2018 | Listed by Rose Bud Realty | $750,000 | |
| Listed by Rose Bud Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017