988 Redbud Lane
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 16, 2023 | No longer available | - | |
| No longer available | |||
| Jul 9, 2023 | In contract | - | |
| In contract | |||
| Jul 8, 2023 | No longer available | - | |
| No longer available | |||
| Jul 6, 2023 | Listed by john greene Realtor | $694,100 | |
| Listed by john greene Realtor | |||
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Gorgeous 2 story home in highly sought after Hannaford Farms. Community features fishing ponds, bike paths, parks and playgrounds and county forest preserves. Just minutes to I-88! Award winning schools, near shopping and dining. The manager has listed the unit size as 2540 square feet.
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| Feb 15, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017