88 Redlands St
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 15, 2025 | Sold | ||
| Sold | |||
| Dec 16, 2024 | In contract | - | |
| In contract | |||
| Dec 5, 2024 | Listed by Nexthome Elite Realty | $279,900 | |
| Listed by Nexthome Elite Realty | |||
| | |||
|
"They don't build them like this anymore". This early 1920's classic colonial is situated on a quiet street in East Springfield and features hardwood floors throughout and stunning woodworking. With an inviting and functional layout, the large kitchen, dining room and living room that sweeps across the front of the home together with a beautiful reading/music room is perfect for day-to-day living. Glide up the well positioned staircase to the upper level consisting of 3 bedrooms, a full bathroom and walk-up attic with tons of storage space. The basement contains a finished office (with a cedar closet), laundry area, workshop and recreational area. Outside you will find a well-maintained yard, deck (Trex decking) for entertaining and a large 2-car detached garage for convenience and extra storage. Situated just minutes from shopping, schools, and major highways, this home combines comfort, practicality, and prime location. This home is a must see!
| |||
| Sep 29, 2004 | Sold | ||
| Sold | |||
| Jul 29, 2004 | Listed by Nexthome Elite Realty | $146,850 | |
| Listed by Nexthome Elite Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017