404 Red Cedar 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 |
|---|---|---|---|
| Oct 24, 2023 | Sold | ||
| Sold | |||
| May 10, 2023 | Listed by Oro Realty | $299,900 | |
| Listed by Oro Realty | |||
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Come check out this beautiful home located in Somerville. This barndominium styled home sits on three lots at the end of a cul-de-sac. This three bed, two bath is a perfect mix of country living while being close to town. Only 30 minutes to Brenham and 30 minutes to College Station. Large open concept with a huge ensuite with walk in shower and walk in closet. Call now to make this your home. Addition Property ID 26056, 26078
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017