5976 REDBERRY Lane
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 24, 2024 | Sold | ||
| Sold | |||
| Mar 8, 2024 | Listed by BEYCOME OF FLORIDA LLC | $240,000 | |
| Listed by BEYCOME OF FLORIDA LLC | |||
| | |||
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Welcome to this investor-friendly gem! This 4-bedroom, 2-bathroom home is full of potential for the savvy homeowner or investor. Featuring stunning granite countertops and a recently replaced roof (only 2 years old), this property offers a solid foundation for your vision. With its spacious layout and desirable amenities, it's ready to be transformed into the ultimate dream residence. Offering a spacious backyard being your blank canvas to create an oasis for your family or future tenants. Seize the chance to make this house your own.
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| Jul 5, 2017 | Sold | ||
| Sold | |||
| Mar 9, 2017 | Listed by EDGE REALTY NETWORK LLC | $139,900 | |
| Listed by EDGE REALTY NETWORK LLC | |||
| Jul 1, 2015 | Sold | ||
| Sold | |||
Property Highlights
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017