405 Redding 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 |
|---|---|---|---|
| Aug 7, 2023 | No longer available | - | |
| No longer available | |||
| Jun 25, 2023 | Price Decreased |
$448,900
↓ $10K
(2.2%) | |
| Price Decreased | |||
| Jun 9, 2023 | Listed by Keller Williams Realty Georgia Communities | $459,000 | |
| Listed by Keller Williams Realty Georgia Communities | |||
| | |||
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This absolutely gorgeous well maintained home with 4 bedrooms, 3.5 bathrooms + 2,780 sq. ft. sits on a large 0.5 acre lot. Brand new HVAC installed 07/2023. Owner is anxious to sell and will allow 3000 towards a flooring allowance and 3000 towards buyers closing cost or can use all of it towards closing cost or can reduce price by this amount. The master bedroom + 2 extra bedrooms are on the main floor and upstairs is an extra bedroom + bathroom that is just perfect for a guest or extra family member that wants a little privacy. The home has large walk in closets in all rooms. There's an attached 3 car garage, and also a detached 2 car garage with an RV hookup. This detached garage is studded for plumbing and has stairs which could easily be made into a guest home. The lovely backyard is fenced also + has a screened porch. This location is awesome! The manager has listed the unit size as 2780 square feet.
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| Dec 29, 2021 | Sold | ||
| Sold | |||
| Aug 2, 2021 | Listed by Harder Real Estate Group LLC | $370,000 | |
| Listed by Harder Real Estate Group LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017