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Map
126 Paddock Ridge
About This Property
Step outside and discover what truly sets this property apart. The backyard is an entertainer's dream featuring a sparkling pool, charming gazebo, outdoor kitchen, and bar area-perfect for hosting gatherings or enjoying peaceful evenings at home. The property also includes both a she shed and a he shed, offering endless possibilities for hobbies, a workshop, storage, creative space, or private retreats.
The spacious primary suite provides a relaxing escape with an ensuite bath featuring dual vanities, a soaking tub, separate shower, and walk-in closet. Three additional bedrooms and the flexible bonus space provide plenty of room for family, guests, work, and play.
Enjoy the privacy and tranquility of country-style living while remaining conveniently close to shopping, dining, schools, and major highways. Located in Red Oak ISD and outside city limits, this exceptional property offers the space, amenities, and lifestyle you've been searching for. This property offers the perfect blend of indoor comfort and outdoor enjoyment, making every day feel like a vacation at home!
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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 |
|---|---|---|---|
| Sep 3, 2026 | Sold | ||
| Sold | |||
| Aug 7, 2026 | In contract | - | |
| In contract | |||
| Jul 12, 2026 | Price Decreased |
$642,000
↓ $7K
(1.1%) | |
| Price Decreased | |||
| May 30, 2026 | Listed by Modern Realty | $649,000 | |
| Listed by Modern Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017