609 Red Oak Avenue
About This Property
Whole-home Generac generator (2021). Storage shed. No flooding. Crosby ISD. This prime location allows convenient access to Hwy 90, minutes from Beltway 8, and I-10. Don't wait - schedule your showing today and seize this opportunity!
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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 11, 2024 | Sold | ||
| Sold | |||
| Mar 21, 2024 | In contract | - | |
| In contract | |||
| Mar 11, 2024 | Listed by RE/MAX ONE - Premier | $230,000 | |
| Listed by RE/MAX ONE - Premier | |||
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Discover the charisma of this traditional-style home nestled in Arcadian Gardens. With a spacious 2-lot backyard and covered oversized patio, it's the perfect setting for indoor or outdoor entertaining or relaxing. This 3 bedroom 2 bath home is ready for your updates. The main bedroom includes a sitting area and ensuite offering double sinks and a walk-in closet. Bedroom 2 and 3 share a jack-n-jill bathroom. The indoor laundry room has plenty of storage space and includes a half bath. The 2 living areas, formal dining room, and breakfast nook can't be topped.
Whole-home Generac generator (2021). Storage shed. No flooding. Crosby ISD. This prime location allows convenient access to Hwy 90, minutes from Beltway 8, and I-10. Don't wait - schedule your showing today and seize this opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017