56 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 |
|---|---|---|---|
| Feb 26, 2020 | Sold | ||
| Sold | |||
| Dec 23, 2019 | Listed by C21/ Action Plus Realty | $494,760 | |
| Listed by C21/ Action Plus Realty | |||
| May 14, 2019 | Sold | ||
| Sold | |||
| Mar 12, 2019 | Listed by Veltri & Associates, Realtors | $119,900 | |
| Listed by Veltri & Associates, Realtors | |||
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Ranch, with a basement & great piece of property. Hardwood flooring. Bring your imagination and create the home that's perfect for you.
This home is conveniently located closed to major highways and shopping. Great starter home! It is an oversized lot in a great neighborhood.
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| Nov 17, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017