642 Redbird Court
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 |
|---|---|---|---|
| Sep 6, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2024 | In contract | - | |
| In contract | |||
| Aug 16, 2024 | Listed by Keller Williams Realty Metropolitan | $100,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
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Embrace the opportunity to build your dream home on this generously sized lot in the picturesque lakeside community of Chenango Ranch. Surrounded by stunning homes and the serene beauty of nature, this lot is a blank canvas for your vision to unfold. With ample space to create a personalized haven, you'll enjoy the perfect blend of country calm and city convenience. The community offers amenities including a picnic area, fishing, and a basketball court, all just a short distance from the property. Chenango Ranch provides an easy commute to Pearland, downtown Houston, and is only 20 miles from Surfside Beach. Seize this chance to craft your ideal retreat and enjoy the beauty of nature every day.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017