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118 Red Petal Way
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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 |
|---|---|---|---|
| Aug 27, 2026 | In contract | - | |
| In contract | |||
| Aug 20, 2026 | Price Decreased |
$415,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Jul 14, 2026 | Listed by Keller Williams Realty The Woodlands | $425,000 | |
| Listed by Keller Williams Realty The Woodlands | |||
| Aug 4, 2020 | Sold | ||
| Sold | |||
| Mar 31, 2020 | Listed by Perry Development Management | $349,900 | |
| Listed by Perry Development Management | |||
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Corner lot. Extended entry features 12-foot coffered ceiling. Open kitchen features center island. Dining area with wall of windows opens to family room with wall of windows and wood mantel fireplace. Designer tile floors and 10-foot ceilings throughout. Master suite includes bedroom with 10-foot ceiling and wall of windows. Double doors lead to master bath with dual vanities, garden tub, separate glass-enclosed shower and large walk-in closet. Guest suite offers private bath. All bedrooms feature walk-in closets. Covered backyard patio. Mud room off two-car garage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017