12470 ROYAL RED Way
About This Property
Inside, you'll find custom cabinetry with sleek, modern lines, and crown molding that adds elegance to each room. The gorgeous LVT flooring is not only stylish but durable, while quartz countertops throughout the kitchen and bathrooms give the home a luxurious feel.
The high-end appliances are top-of-the-line, and the beautiful shower tile creates a spa-like atmosphere in the bathrooms.
Located on a quiet cul-de-sac, this home offers safety and tranquility, making it an ideal space for children to play and families to enjoy their surroundings.Great area for walks and bike rides.
Whether you spending time indoors enjoying the upgrades or outdoors in the peaceful neighborhood, it's the perfect blend of luxury and comfort
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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 |
|---|---|---|---|
| Nov 7, 2025 | Sold | ||
| Sold | |||
| Oct 7, 2025 | In contract | - | |
| In contract | |||
| Sep 16, 2025 | Listed by RE/MAX SPECIALISTS PV | $450,000 | |
| Listed by RE/MAX SPECIALISTS PV | |||
| Jul 11, 2025 | Listed | $475,000 | |
| Listed | |||
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Discover your dream home! Built in late 2024, this nearly new residence offers modern living at its finest — without the wait. Thoughtfully customized with over $100K in upgrades, this home is perfect for hosting, relaxing, and making lasting memories with family and friends.
Enjoy a beautifully designed kitchen featuring luxury vinyl plank flooring, state-of-the-art appliances, a spacious eat-in area, pantry, and premium finishes throughout. Step outside to your turfed, screened-in porch — the perfect spot for year-round entertaining or peaceful mornings.
Located in a thriving community with exciting growth ahead, this home is offered at a phenomenal price compared to others in the area, making it an incredible value for buyers.
Come see what your future looks like — schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017