1309 Red Mountain Dr
About This Property
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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%.
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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 |
|---|---|---|---|
| Jul 14, 2025 | Sold | ||
| Sold | |||
| Jun 1, 2025 | Listed | $545,000 | |
| Listed | |||
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This light-filled Wolf Creek tri-level home is wonderfully updated throughout and offers a popular open-concept layout perfect for modern living. Step inside to vaulted ceilings and abundant natural light. The spacious front room flows into a remodeled kitchen featuring granite countertops, GE slate-finish appliances, a corner undermount sink w/instant hot tap, custom red oak open shelving, and luxury vinyl plank flooring. Upstairs, you'll find newer carpet, a generous primary suite with closet built-ins, and a tastefully updated en-suite bathroom. Two additional bedrooms-one with a walk-in closet-share a beautifully remodeled full bath. The lower-level family room opens to a new composite deck, ideal for entertaining or relaxing. The backyard boasts mature trees, a cinder pathway, and a cozy fire pit area. The finished basement, currently used as a fourth bedroom, includes an egress window for great light, a closet, an updated half bath, and a laundry room with washer and dryer included. Significant upgrades in the past two years include: New roof, gutters, deck, multiple new windows, fire-rated garage entry door, Lennox central A/C, whole-house humidifier, new carpet, LVP entries, new interior doors/hardware & garage shelving system. Please see attachments for all upgrades. This neighborhood is close to the beautiful 763-acre Union Reservoir for paddle boarding/kayaking, sailing, swimming, camping, dog park, and more. This home is just one house away from the neighborhood walkway/bike path and several blocks from the Spring Gulch Trail leading to Stephen Day Park, Fall River Elementary School, and the Spring Gulch Trail, connecting miles of other walking paths and parks. Less than a mile to middle & high school, and easy access to I-25 and nearby shopping and dining. Don't miss this move-in-ready gem!
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| Oct 28, 2021 | Sold | ||
| Sold | |||
| Jun 19, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017