63 REDWOOD ROAD
About This Property
Enjoy the benefits of new construction, including builder warranties and low maintenance. Property presents an opportunity for rental income; however, income is not guaranteed. Buyer to verify all financial considerations, rental assumptions, and market conditions. Builder offering limited-time incentives and special financing programs, ask your REALTOR® for complete details. One or more photo(s) may have been virtually staged. Photos are of a similar or previously completed unit and are for illustrative purposes only. Features, finishes, and layout may vary.
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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 28, 2026 | Listed by SUNCOAST PROPERTY MANAGEMENT L | $324,900 | |
| Listed by SUNCOAST PROPERTY MANAGEMENT L | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017