8383 Redwood Trail
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 15, 2022 | Listed by The Charles Reinhart Company | $399,900 | |
| Listed by The Charles Reinhart Company | |||
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***FOR COMP PURPOSES ONLY*** A 3 bedroom, 2.5 bath home located in Thornton Farms. Main floor features a den and open concept kitchen, dining and living space. Upstairs has a large master bedroom with bath and walk-in closet, 2 additional bedrooms, bath and loft space., Primary Bath, Rec Room: Space
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| Jul 7, 2022 | Sold | ||
| Sold | |||
| Oct 26, 2020 | Sold | ||
| Sold | |||
| Aug 5, 2020 | Listed by Keller Williams Ann Arbor | $299,000 | |
| Listed by Keller Williams Ann Arbor | |||
| Mar 29, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017