29
Map
564 Estate Street
About This Property
The primary residence is complemented by a detached studio/shop building, a substantial covered workshop area, and an additional detached two-room bonus space, ideal for creative work, hobbies, studio use, storage, a home office, gym, or other flexible needs. The bonus areas are not included in the reported square footage or bedroom count, creating a rare opportunity for buyers seeking room to spread out and personalize the property.
Situated on an approximately 9,148 sq. ft. corner lot, the home also features mature trees, established front and rear landscaping, inviting brick curb appeal, an open patio, attached 2-car garage, central heat and air, public water/sewer, and no HOA. Convenient southwest Redding location near everyday shopping, services, schools, recreation, and commuter access. A property with the house you need, and the extra space buyers rarely find. Buyer to investigate and satisfy themselves regarding permits, square footage, uses, and condition of all improvements.
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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 10, 2026 | In contract | - | |
| In contract | |||
| Oct 6, 2026 | Price Decreased |
$414,900
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Sep 10, 2026 | Listed by AGENCY 8 REAL ESTATE GROUP | $424,900 | |
| Listed by AGENCY 8 REAL ESTATE GROUP | |||
| Feb 13, 2026 | Sold | ||
| Sold | |||
| Aug 17, 2025 | Listed by AGENCY 8 REAL ESTATE GROUP | $448,800 | |
| Listed by AGENCY 8 REAL ESTATE GROUP | |||
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Investor Dream!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017