13109 Red Drive
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%.
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 |
|---|---|---|---|
| Mar 14, 2024 | Sold | ||
| Sold | |||
| Dec 13, 2023 | Listed by Double TT Real Estate Inc. | $559,900 | |
| Listed by Double TT Real Estate Inc. | |||
| Dec 14, 2022 | No longer available | - | |
| No longer available | |||
| Sep 28, 2022 | No longer available | - | |
| No longer available | |||
| Sep 26, 2022 | Listed by Realty Executives Elite | $579,900 | |
| Listed by Realty Executives Elite | |||
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Exceptional, CUSTOM RANCH, situated on nearly 1 acre, premium lot with verdant landscaping. Classic architectural design highlighted by brick construction. Inviting foyer with a spacious closet for any home essentials. Formal living room with beautiful French doors that add tons of character. Massive family room with gleaming, maple hardwood flooring, a gorgeous stone fireplace and an extended barn wood mantel. Incredible kitchen offers a large island with a granite countertop and overhead elegant, pendant lighting and ample cabinetry/countertop space. Spacious breakfast room/eating in area for additional seating or gatherings. Wonderful master suite with tons of windows for natural sunlight, an accented wood feature wall, plush wall to wall carpeting an sizable walk in closet great for storage. Private ensuite with a separate shower. Second bedroom has plenty of closet with a full bathroom just across the hall. Enormous attic space with elevated height/ceilings and no trusses. Spectacular finished basement allows for endless opportunities for a potential 3rd and 4th bedrooms, recreation, family area, gaming, storage and so much more. Private backyard offers an inground pool, brick paver patio with covered pergola, fully fenced yard and is the ultimate space for entertaining and relaxation. Close to shopping, dining, world renowned golf courses. Home Features: Cedar Fencing, Pella windows, dog run, Fiberglass pool, pool pump and heater (2 years old). Call for your private showing today. Priced for immediate sale! For any discerning buyer looking for a TRUE RANCH. GREAT offering in this price point. Call for your private showing today. Lake Michigan water! The manager has listed the unit size as 1974 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017