38 Red Bud Road
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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 |
|---|---|---|---|
| Mar 22, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2024 | In contract | - | |
| In contract | |||
| Feb 16, 2024 | Relisted | $205,000 | |
| Relisted | |||
| Feb 7, 2024 | In contract | - | |
| In contract | |||
| Dec 15, 2023 | Listed by Redfin Corporation | $205,000 | |
| Listed by Redfin Corporation | |||
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Super cute single story located on a quiet cul-de-sac in the gated community of Westwood Shores. The open concept property features 3 bedroom, 2 bathroom popular split floor plan which boasts an oversized utility room and spacious kitchen. The property has propane gas cooking/heating/water heater as well laminate flooring in the main living space with tile in the wet areas. Private back yard with additional lot to boot so no back neighbors, included Lot 21. 2 Car garage and bonus RV hook-up (water and electric) on the side of the home. Westwood Shores is a golf-course community with a laid back atmosphere with wonderful upscale amenities including manned-gate at entrance, club house, Pro-shop, country club, Tennis and pickle ball courts, restaurant, work-out facility, 3 pools, camping, boating, fishing and much more!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017