7602 Redbud Orchard Road
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 18, 2024 | Sold | ||
| Sold | |||
| May 31, 2024 | In contract | - | |
| In contract | |||
| May 21, 2024 | Relisted | $349,668 | |
| Relisted | |||
| Apr 3, 2024 | In contract | - | |
| In contract | |||
| Mar 15, 2024 | Listed by Chesmar Homes | $349,668 | |
| Listed by Chesmar Homes | |||
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Located in the highly acclaimed Katy ISD school district. Chemsar MODEL HOME FOR SALE! The Springfield plan is a 2 story, 2 bedrooms, 2 baths, oversized office/entertainment room leading outside to covered patio with private yard, and 2 car garage. Featuring ample windows with blinds included all around to allow natural light in every room, this open floor plan is perfect for entertaining as it boasts a granite kitchen island, 42" cabinets, Stainless Steel refridgerator included. Kitchen overlooks into living area leading to a covered balcony. Conveniently located laudry room with Washer and Dryer included. Enjoy walking distance to dog park, jogging trails, pool, fitness center, and basketball courts just to name a few.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017