49 Redwood Place
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, 2025 | Sold | ||
| Sold | |||
| Aug 13, 2025 | In contract | - | |
| In contract | |||
| Jul 31, 2025 | Listed by Weichert Realtors-Holmdel | $545,000 | |
| Listed by Weichert Realtors-Holmdel | |||
| Aug 26, 2019 | Sold | ||
| Sold | |||
| Jun 28, 2019 | Listed by RE/MAX Realty 9 | $250,000 | |
| Listed by RE/MAX Realty 9 | |||
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Pride of ownership abounds! From the moment you arrive, feel welcomed by immaculate curb appeal including paver walkways, stone landscaping walls & lush greenery. Step inside to enjoy gleaming hardwood floors, sunny living room, completely remodeled kitchen w/ granite counters & tile back splash. 3 bedrooms w/ hardwood floors & remodeled full bath. Full basement is ready to be finished. Home sits on private, treed, over-sized .67 acre lot w/ park-like landscaping, large fenced area, beautiful fish pond, patio, under ground sprinkler system & storage shed. Many updates including windows w/ lifetime guarantee, newer furnace/AC & HWH, new washer & dryer & much more. Absolutely nothing to do but unpack, relax & enjoy your tranquil yard this summer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017