956 Redwing Road
About This Property
The property boasts an inviting inground pool, perfect for warm summer days, and a detached carport for convenient parking. For those with a passion for animals, there's a show barn ideal for kids' show animals, fostering a love for farming and responsibility.
Situated at a corner intersection, the home offers easy access while maintaining a peaceful country ambiance. The additional shop building adds versatility, whether for hobbies or storage. This property is a fantastic opportunity for anyone seeking a spacious, traditional home with plenty of outdoor amenities in a serene rural setting.
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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 |
|---|---|---|---|
| Dec 30, 2024 | Sold | ||
| Sold | |||
| Nov 27, 2024 | In contract | - | |
| In contract | |||
| Oct 9, 2024 | Listed by Keller-Williams Platinum B.B. | $389,000 | |
| Listed by Keller-Williams Platinum B.B. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017