570 Redberry Road
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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 |
|---|---|---|---|
| Jul 5, 2022 | Sold | ||
| Sold | |||
| Feb 24, 2022 | Listed by Oro Realty | $38,000 | |
| Listed by Oro Realty | |||
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Great wooded lot in Enchanted Oaks subdivision just a short distance from Birch Creek State Park and Lake Somerville. This lot is over one half acre of raw land with native trees such as post oak, elm, pin oak, and cedar. Enchanted Oaks is a rural subdivision with public water, Bluebonnet Electric, no HOA and manufactured homes, RV's and tiny homes are welcome.
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About Burleson
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Last Updated: 4 months ago
Data Source: HAR , MLS# 87439519
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017