12412 Red Stag Court
About This Property
Beautiful 1.5 story home situated on 1 acre cul-de-sac homesite featuring saltwater pool/spa and 35x30 metal building! 4 bedrooms, 2.5 baths and oversized 2 car garage with tons of storage! Recent improvements throughout including paint, 2" blinds, light fixtures, storm door, added closet to make 4th bedroom, Carrier 5 Ton/16 Seer condenser/heat pump/Remi Halo & Attic tent/ w/ 10 year warranty (All in July 2022). Open study/formal dining area with built-in display/book case. Large living room features wood floors, stone fireplace all open to the remodeled kitchen w/ huge island! Outside you'll find a large covered patio with outdoor fireplace and a half bath overlooking the pool area! The metal building is well insulated and includes an extra 10' of covered space on the backside, there is also a storage shed for lawn equipment! This amazing property has it all!
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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 |
|---|---|---|---|
| Jun 30, 2023 | Sold | ||
| Sold | |||
| Apr 18, 2023 | Listed by Gulf Coast, Realtors | $535,000 | |
| Listed by Gulf Coast, Realtors | |||
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**CURRENT LEASE IN PLACE UNTIL NOV 30TH 2023 MUST BE ASSUMED***
Beautiful 1.5 story home situated on 1 acre cul-de-sac homesite featuring saltwater pool/spa and 35x30 metal building! 4 bedrooms, 2.5 baths and oversized 2 car garage with tons of storage! Recent improvements throughout including paint, 2" blinds, light fixtures, storm door, added closet to make 4th bedroom, Carrier 5 Ton/16 Seer condenser/heat pump/Remi Halo & Attic tent/ w/ 10 year warranty (All in July 2022). Open study/formal dining area with built-in display/book case. Large living room features wood floors, stone fireplace all open to the remodeled kitchen w/ huge island! Outside you'll find a large covered patio with outdoor fireplace and a half bath overlooking the pool area! The metal building is well insulated and includes an extra 10' of covered space on the backside, there is also a storage shed for lawn equipment! This amazing property has it all!
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| Aug 31, 2021 | Sold | ||
| Sold | |||
| Jul 23, 2021 | Listed by Compass Re Texas, LLC | $415,000 | |
| Listed by Compass Re Texas, LLC | |||
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Beautiful 1.5 story home situated on a one acre cul-de-sac homesite, with plenty of mature trees! 3 bedrooms, 2.5 baths and oversized 2 car garage with tons of storage! This amazing kitchen has a HUGE island and breakfast room that is open to the family room with wood floors and great views of the backyard and the shady trees. Refrigerator, washing machine and dryer are included. There is a bonus room upstairs that could be a home office, gameroom, exercise room, etc. Outside you'll find a large covered patio with outdoor fireplace and a half bath, perfect place to enjoy your morning coffee! There is a 35'x30' metal building that is well insulated which has an extra 10' of covered space on the backside, there is also a storage shed for lawn equipment! This amazing property has it all, make your appointment today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017