1
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59 Redlands Street
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 |
|---|---|---|---|
| May 29, 2008 | Sold | ||
| Sold | |||
| Sep 14, 2007 | Listed | $93,900 | |
| Listed | |||
| Sep 6, 2007 | Sold | ||
| Sold | |||
| Mar 17, 2006 | Sold | ||
| Sold | |||
| Dec 5, 2005 | Listed | $138,000 | |
| Listed | |||
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East Springfield. Old-style cape with 3-plus bedrooms and a 1-car garage. Newer windows, hardwood floors and a very spacious floor plan. A little bit of cosmetic touch-ups will make this gem shine. 1-year Home Buyer Warranty.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017