1106 Red Wing Drive
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 7, 2023 | Sold | ||
| Sold | |||
| Jun 8, 2023 | Listed by Stanfield Properties | $499,999 | |
| Listed by Stanfield Properties | |||
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Beautiful 1-story home on a manicured corner lot with a pool in acclaimed Friendswood ISD! An inviting foyer with 12-foot ceilings & travertine tile floors is flanked by a handsome study & an elegant dining room, then extends into the open concept living space with unobstructed views all the way to the rear of the home. An impressive island kitchen showcases exotic granite countertops, designer cabinetry, Kitchen Aid stainless appliances, a custom venthood, a built-in desk station, a sunlit breakfast room, and a seamless transition into the family room with a cast stone gas log fireplace & a wall of windows. Escape to the primary suite with trayed ceilings & backyard views, while guests will enjoy a private 2-room guest suite with access to a Jack & style Jill bathroom. Also note the timeless plantation shutters, the 2-car garage complete with custom cabinets & bay doors on both ends, & the backyard oasis with a fabulous pool, spa, rock waterfall, landscaping, & extensive decking.
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Property Highlights
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About Falcon Ridge
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$2,999 /mo
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$3,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017