719 Red Oak Avenue
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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 |
|---|---|---|---|
| Aug 11, 2023 | Sold | ||
| Sold | |||
| Jun 6, 2023 | Listed by Realty Kings Properties | $49,900 | |
| Listed by Realty Kings Properties | |||
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Here's a great opportunity in the Arcadian Gardens subdivision of Crosby. This cleared 6825 sqft lot presents the perfect canvas to build your dream home and embark on a new chapter of life. Nestled within a well-established neighborhood, this location provides a sense of tranquility and community. With no homeowners association (HOA) and a low tax rate, you'll enjoy the freedom to shape your living space without additional restrictions. Escape the hustle and bustle of the city while remaining within reach of essential amenities. Discover the perfect balance between peaceful suburban living and easy access to excellent shopping, dining, and recreational facilities nearby. This is one of 2 lots for sale. Drive by today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017