411 Redway Lane
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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%.
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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.
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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 |
|---|---|---|---|
| Apr 16, 2024 | Sold | ||
| Sold | |||
| Mar 12, 2024 | In contract | - | |
| In contract | |||
| Feb 22, 2024 | Listed by Simien Properties | $279,000 | |
| Listed by Simien Properties | |||
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This charming 3-bedroom, 2-bathroom ranch-style home is tucked away at the end of a quiet cul-de-sac. The open floor plan is enhanced by new chestnut wood laminate flooring in the living/dining area. The kitchen features granite counters, breakfast bar, deep sink and a wall of windows. Pantry storage in the breakfast area fills a wall and will be the envy of friends. Accessible from three different rooms, the outdoor patio provides a seamless transition between indoor and outdoor living. Relaxing fireplace in the living room that features high ceilings and large lowE windows. Relax in the generously sized primary bedroom (room for king a bed, desk & couch!), offering a peaceful retreat after a long day. Plenty of guest parking in driveway area - a must for a cul-de-sac! Enjoy community amenities such as a park, playground, pool, courts, and trails. Recent HVAC and duct work; roof 6 y.o. Nearby restaurants and shopping make everyday errands a breeze. >>See attachments for more details.
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| Jul 21, 2022 | Sold | ||
| Sold | |||
| Jun 25, 2022 | Listed by JPAR - The Sears Group | $270,000 | |
| Listed by JPAR - The Sears Group | |||
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PRIME LOCATION -- Easy access to I-45 & only minutes to DOWNTOWN HOUSTON, Kemah Boardwalk, and Galveston Bay - lots of nearby shopping & dining! GOURMET granite kitchen w/ white cabinetry, custom backsplash, breakfast bar, custom trim work, recessed & pendant drop lights, OVERSIZED tile flooring, & extra cabinets offer lots of storage. Kitchen opens to dining area. Family room featuring wood floors & wood burning fireplace surrounded w/ brick accent. MASTER retreat w/ framed mirror vanity & sink, HUGE shower, & walk in closet. SPACIOUS secondaries & granite bath w/ shower/tub combo. Sliding glass door leads to flagstone backyard patio. Zoned to Clear Creek ISD.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017