13 RED HILL CT
About This Property
The house features four bedrooms on the second floor, providing ample space for your family and guests. Additionally, there is a study on the first floor, offering a quiet and productive space for work or hobbies. With two and a half bathrooms, convenience is at your fingertips.
You'll be pleased to know that this home has a finished basement, adding extra living space for entertainment or relaxation. The entire house has been freshly painted with new carpets giving it a clean and welcoming feel.
The roof, HVAC, and water heater have all been recently updated, ensuring that you can move in with peace of mind. Situated on one of the best lots in the neighborhood, this property is even spacious enough to accommodate a swimming pool if desired.
Enjoy the outdoors by relaxing on the pavered patio or in the lovely gazebo, perfect for reading a book or enjoying a cup of tea. The house also boasts a 2-story foyer and cathedral ceilings in the family room, creating an open and inviting atmosphere.
With its abundance of features and desirable location, this house is ready to become your dream home.
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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 |
|---|---|---|---|
| Sep 20, 2023 | Sold | ||
| Sold | |||
| Aug 14, 2023 | In contract | - | |
| In contract | |||
| Aug 10, 2023 | Listed by Long & Foster Real Estate, Inc. | $685,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
Property Highlights
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About Burlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017