5 Redwood Trace RUN
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 |
|---|---|---|---|
| May 29, 2025 | Price Decreased |
$229,990
↓ $10K
(4.2%) | |
| Price Decreased | |||
| May 19, 2025 | Price Decreased |
$239,990
↓ $5K
(2%) | |
| Price Decreased | |||
| May 1, 2025 | Price Decreased |
$244,990
↓ $5K
(2%) | |
| Price Decreased | |||
| Mar 28, 2025 | Listed | $249,990 | |
| Listed | |||
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Stylishly Renovated 3-Bedroom Home on Oversized Corner Lot – No HOA!
Welcome to this beautifully updated 3-bedroom, 2-bath home, featuring a bright and airy enclosed lanai perfect for relaxing or entertaining. Step inside and enjoy the fresh look of new vinyl plank flooring throughout—no carpet anywhere!
The kitchen has been fully renovated with all-new cabinets, modern countertops, and stainless steel appliances. You’ll also find updated ceiling fans and light fixtures in every room.
Situated on a large corner lot with plenty of space for your boat, RV, or other toys—and best of all, no HOA restrictions. Located in one of Marion County’s most desirable neighborhoods, you’re just minutes from top-rated schools, shopping, dining, and medical facilities.
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| Oct 25, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017