1250 Paseo Redondo Drive
About This Property
The kitchen is truly a standout, featuring brand new appliances-including an induction cooktop with dual ovens-and elegant quartz countertops. At the heart of the kitchen, the island boasts a rich walnut butcher block countertop, adding both warmth and functionality to the space. Both bathrooms have been upgraded with quartz countertops, new toilets, and stylish plumbing fixtures.
Throughout the home, you'll find new fans, light fixtures, and updated hardware on doors and cabinets. For peace of mind, new smoke and carbon monoxide detectors have been installed, along with a Ring Security System and updated exterior lights. This thoughtfully upgraded home combines style, functionality, and security, ready for you to make it your own!
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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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Nov 22, 2024 | In contract | - | |
| In contract | |||
| Nov 7, 2024 | Listed by BHGRE Everything Real Estate | $587,500 | |
| Listed by BHGRE Everything Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017