1017 Red Roses Lane
About This Property
This spacious and thoughtfully designed home features a screened porch, perfect for relaxing, and a convenient first-floor guest suite with a full bath. Upstairs, you'll find a versatile loft, three additional bedrooms, and a laundry room for easy living. The luxurious primary suite boasts an oversized walk-in closet.
Upgrades throughout include luxury vinyl plank flooring on the main level, elegant oak stair treads, and a chef-inspired kitchen with granite countertops and a stylish tile backsplash. Plus, enjoy blazing-fast 1.2 gig fiber optic internet-included with your HOA dues!
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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 |
|---|---|---|---|
| Oct 24, 2025 | Sold | ||
| Sold | |||
| Aug 25, 2025 | In contract | - | |
| In contract | |||
| Aug 19, 2025 | Listed by Lennar Carolinas LLC | $454,330 | |
| Listed by Lennar Carolinas LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017