407 Redbud 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 |
|---|---|---|---|
| Jun 29, 2023 | Sold | ||
| Sold | |||
| Jun 7, 2023 | Listed by Keller Williams Brazos West | $245,000 | |
| Listed by Keller Williams Brazos West | |||
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Hard to find investment property in Tolar. This 3 bedroom, 2 bath home is in the heart of Tolar and near new housing development as well as close to schools. House has new roof, and added laminate in living room. Wood burning fireplace, split bedrooms, with trees, fenced backyard and covered back porch. The tenant is currently under lease, home is an investment property until lease is up. Call listing agent for details on lease.
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| Apr 21, 2020 | No longer available | - | |
| No longer available | |||
| Mar 10, 2020 | Sold | ||
| Sold | |||
| Mar 8, 2020 | Listed | $155,000 | |
| Listed | |||
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Well kept 3 bedroom 2 bath open concept home in the heart of Tolar! Kitchen has newer appliances. Some trees and private backyard. This would make a great investment property! The manager has listed the unit size as 1268 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017