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801 Elise Drive
About This Property
This oversized lot with paver tiles in the the back yard allow for all kinds of activities. A bonus is the landscaping and fruit trees and beautiful Mountain views. Redlands Schools and close to shopping. We are full service agents and happy to answer any of your calls.
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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 26, 2019 | Sold | ||
| Sold | |||
| Aug 13, 2019 | Listed by RE/MAX ADVANTAGE | $369,900 | |
| Listed by RE/MAX ADVANTAGE | |||
| Jun 12, 2015 | Sold | ||
| Sold | |||
| Apr 13, 2015 | Listed by REMAX Estate Properties | $239,000 | |
| Listed by REMAX Estate Properties | |||
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This Redlands 3 bedroom 2 bath home has just had a mini remodel. Fresh paint throughout, new carpeting and spacious kitchen with all new appliances. Formal living room has a wood burning fireplace and shutters. Large corner lot with plenty of mature fruit trees.
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Property Highlights
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About Northwest Redlands
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017