5116 Red Bud 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 |
|---|---|---|---|
| Nov 7, 2025 | Sold | ||
| Sold | |||
| Oct 23, 2025 | In contract | - | |
| In contract | |||
| Oct 17, 2025 | Price Decreased |
$729,000
↓ $20K
(2.7%) | |
| Price Decreased | |||
| Sep 22, 2025 | Listed by JG Real Estate, LLC | $749,000 | |
| Listed by JG Real Estate, LLC | |||
| | |||
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Newly built, modern 2 story home in the heart of River District on an oversized lot that’s steps away from the Trinity Trails. House is an entertainers dream with an expansive built-in bar, chefs’ kitchen with 48’’ Thermador range, oversized quartz island and butler’s pantry. Upstairs includes bedroom 2-4, numerous storage closets and a walk in laundry room. Backyard includes a separate office and-or guest house with a full bath but still has enough room for a pool. Owners spared no expense on designer finishes, fixtures, and tile. Foam insulation and tankless water heater make for low energy bills.
| |||
| Mar 12, 2021 | Sold | ||
| Sold | |||
Property Highlights
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About Riverbend Trinity Trails
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017