541 Redwood Road
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 |
|---|---|---|---|
| Apr 29, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2024 | Listed by Platinum Partners Realtors | $309,900 | |
| Listed by Platinum Partners Realtors | |||
| | |||
|
SPACIOUS 3 BEDROOM 2 1/2 BATH TWO STORY COLONIAL LOCATED ON CORNER LOT! UPDATED KITCHEN WITH NEW STAINLESS STEEL APPLIANCES. NEWER WASHER/DRYER. UPDATED BATHS. FORMAL DINING ROOM. MASTER BEDROOM SUITE HAS PRIVATE BATH AND WALK-IN CLOSET. 2ND FLOOR HALLWAY HAS HUGE CLOSET THAT CAN EASLIY BE AN OFFICE OR SMALL PLAYROOM. NEWER FURNACE & CENTRAL AIR. SOME NEW WINDOWS. NEW PATIO DOOR LEADING TO HUGE COMPLETELY FENCED BACK YARD WITH LOVELY PERENNIALS. BLACK OUT DRAPES DO NOT STAY. GREAT LOCATION CLOSE TO SHOPPING, SCHOOLS AND PARKS. SIDE DRIVE WITH OFF-STREET PARKING. NOTE: GARAGE CONVERTED INTO 3 SEASON BONUS ROOM (UNHEATED) HOME TO BE SOLD "AS IS" 1 YEAR HOME WARRANTY INCLUDED.
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| Mar 31, 2022 | Sold | ||
| Sold | |||
| Feb 1, 2022 | Listed by Suburban Life Realty, Ltd. | $275,000 | |
| Listed by Suburban Life Realty, Ltd. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017