814 Redstone Street
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 |
|---|---|---|---|
| Aug 11, 2023 | Sold | ||
| Sold | |||
| Jun 16, 2023 | Listed by RE/MAX East | $215,000 | |
| Listed by RE/MAX East | |||
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This home has a great floor plan, nice curb appeal & is very well-maintained. The roof, outside AC unit, stainless steel kitchen appliances, bathrooms & tile flooring have been replaced/updated within the past 3 years. The double-wide driveway is approximately 2 months old. The entryway has laminate flooring; the kitchen, breakfast & bathrooms are tiled, & the hallway, living area & bedrooms are carpeted. Accent paint, ample closet space, added shelving & storage space are seen throughout the house. The backyard is spacious and fully fenced, with a covered deck/patio that is great for entertaining. The storage shed is perfect for storing tools and equipment, and the garage has a window AC unit for added comfort.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017