6 Redmond Ave
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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Jun 3, 2024 | Listed by Coldwell Banker Realty - North Reading | $949,000 | |
| Listed by Coldwell Banker Realty - North Reading | |||
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Welcome to North Reading! This expanded cape is located in one of North Reading's most sought after neighborhoods. This four-bedroom, 3 updated bath home has room for everyone. The kitchen has granite counters, tile flooring and shaker cabinets. In addition to the main house, there is an In-law/au pair suite with its own bath, bedroom, living and dining area. Leave it as is for the extended family or make it an additional entertainment space. Enjoy summertime barbecues in the large fenced in backyard, complete with inground pool, and fire pit! In September elementary school students will attend the award-winning E Ethel Little Elementary School. North Reading Middle and High Schools boast rigorous academic study as well as extra curricular activities like the award winning theater arts and musical programs. as well as their award winning sports teams. Go Hornets! This home is ready for you and your family!
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| Aug 15, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Jul 24, 2023 | Listed by Coldwell Banker Realty - North Reading | $949,000 | |
| Listed by Coldwell Banker Realty - North Reading | |||
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Welcome to North Reading! This expanded cape is located in one of North Reading's sought after neighborhoods. Redmond Ave kids go to the nationally recognized, award-winning E Ethel Little Elementary School. This four-bedroom, 3 updated bath home has room for everyone. Kitchen has granite counters, tile flooring and shaker cabinets. In addition to the main house, there is an In-law/au pair suite with its own bath, bedroom, living and dining area. Leave it as is for the extended family or make it an additional entertainment space. Enjoy barbeques in the large fenced in backyard, complete with inground pool, and fire pit! Don't miss this home.
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| Jul 2, 1993 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017