11196 Redgate Street
About This Property
The kitchen is spacious and functional with wood cabinetry, ample counter space, a large wall pantry, and plenty of storage. The adjacent eat-in dining area features classic parquet wood flooring, while the kitchen itself is finished with tile floors.
Step down into the Florida room, where a cozy wood-burning stove creates a warm and inviting space for relaxing or entertaining year-round. The primary bedroom is located at the back of the home and includes a large walk-in closet and a private en suite bath with tile flooring and a step-in shower with glass doors. The second bedroom, located at the front of the home, offers a closet and easy access to the full hall bathroom, which features a tub/shower combination, tile floors, and a wood vanity. A linen closet in the hallway provides additional storage.
Outside, surrounded by pavers, the screened-in swimming pool is a true highlight, complete with a built-in seat and steps for easy entry -perfect for enjoying Florida living. The yard feels like a peaceful garden oasis with multiple garden areas, raised beds, pavers, fruit trees, and lush plantings. Listen to the birds and enjoy the serenity this outdoor space provides.
The one-car garage includes shelving, storage cabinets, a utility sink, washer and dryer, offering excellent functionality and organization. Remediated ground settlement with all documents, fully insurable and financeable. NO HOA. Roof 2010. HVAC 2000. Come see this gem in person!
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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 |
|---|---|---|---|
| Apr 10, 2026 | Sold | ||
| Sold | |||
| Feb 28, 2026 | In contract | - | |
| In contract | |||
| Feb 4, 2026 | Relisted | $265,000 | |
| Relisted | |||
| Jan 28, 2026 | In contract | - | |
| In contract | |||
| Jan 18, 2026 | Listed by Keller Williams-Elite Partners | $265,000 | |
| Listed by Keller Williams-Elite Partners | |||
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About Spring Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017