8 Redwood
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 |
|---|---|---|---|
| Nov 8, 2019 | Sold | ||
| Sold | |||
| Sep 4, 2019 | Listed by Kalstar Realty Services | $429,900 | |
| Listed by Kalstar Realty Services | |||
| May 31, 2019 | No longer available | - | |
| No longer available | |||
| May 19, 2019 | Price Decreased |
$459,900
↓ $5K
(1%) | |
| Price Decreased | |||
| Mar 18, 2019 | Listed | $464,500 | |
| Listed | |||
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Wonderful area of magnificent homes & lakeside beauty. Entire exterior replaced w/new roof, windows,doors & siding, all for easy maintenance. 4 br. 3 bath. 3 level home has room for all your guests . lst.flr master suite, with Hollywood bath. Stainless Steel appliances. Finished lower level with in- law apt. w/separate entrance. Deed beach rights flow w/property to beautiful Mashpee/Wakeby, one of Cape's best waterways. Motor boating allowed. Custom built shed for crafts & hobbies. Separate workshop in lower lever. An oversized garage w/above storage. 2 b/r, plus bath & loft in 2nd level, plus huge walk in closet, & you also have 3rd floor attic w/pull down stairs. New Septic, New whole house generator, never loose power. Public water, Natural Gas heat. Make it your own! Low taxes. The manager has listed the unit size as 2600 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017