400 Redbird Road
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 |
|---|---|---|---|
| Nov 13, 2025 | In contract | - | |
| In contract | |||
| Oct 26, 2025 | Price Decreased |
$549,888
↓ $49K
(8.2%) | |
| Price Decreased | |||
| Sep 26, 2025 | Price Decreased |
$599,000
↓ $51K
(7.9%) | |
| Price Decreased | |||
| Aug 18, 2025 | Listed by Keller Williams Realty | $650,000 | |
| Listed by Keller Williams Realty | |||
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Escape to peaceful country living on this picturesque 10-acre property just minutes from historic downtown Georgetown. Recently improved and beautifully maintained, the land is the true highlight here: all trees have been professionally canopied and treated, and the grounds have been thoughtfully cleared and cleaned, creating a park-like setting ready for your vision. With wide open spaces, mature shade trees, and room to roam, this property is ideal for building your dream home, establishing a barndominium, or creating a private retreat. Existing barns and storage sheds add functionality, while a reliable well and newly approved septic system provide the essentials for rural living. A modest 864 sq. ft. home, built in 1985, offers 1 bedroom and 1 bath—perfect as a temporary residence, weekend getaway, or guest quarters while your forever home takes shape. Seller also has barndominium plans available upon request. Whether you’re drawn to the beauty of wildflowers in spring, the appeal of an agricultural valuation to lower property taxes, or the opportunity to craft a custom estate just minutes from Georgetown’s shops, dining, and cultural attractions, 400 Redbird Road delivers rare potential in an unbeatable location.
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| Feb 25, 2025 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017