1316 Redbrick Lane
About This Property
This Pecan Square home features two phases of improvements: builder-installed upgrades at construction and owner-added customizations completed after closing. Interior and exterior updates include wood flooring, wood window shutters, kitchen finishes, master bath features, upgraded climate control, roofing, landscaping, and security features.
BUILDER UPGRADES
-- Front entrance features distinctively wider wood and glass door
-- Hardwood flooring throughout, excluding bathrooms and media room
-- Jazz White quartz countertops in kitchen
-- Built-in double ovens and kitchen island with counter seating
-- Master bath with dual vanities, freestanding tub, and separate walk-in shower
-- Bay windows in master suite
-- Additional powder room near foyer
-- Covered patio with gas plumbing for outdoor cooking
-- Painted white brick elevation
-- Black window frames
-- Cedar garage doors
OWNER-ADDED UPGRADES AFTER CLOSING
-- Custom fireplace, gold lighting, and fixtures in open living area
-- Dedicated mini-split AC system in master suite with independent temperature control
-- Roof replacement scheduled for November 2026
-- Overhead storage in attached garage
-- Security system with window and door sensors, and heavy duty door locks
-- Landscaped front and rear yards
-- Plantation shutters
-- Window tinting
-- Custom interior paint
All information including measurements and features should be independently verified.
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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 |
|---|---|---|---|
| Oct 27, 2026 | Price Decreased |
$650,000
↓ $25K
(3.7%) | |
| Price Decreased | |||
| Oct 19, 2026 | Price Decreased |
$675,000
↓ $25K
(3.6%) | |
| Price Decreased | |||
| Oct 15, 2026 | Listed by Listing Results, LLC | $700,000 | |
| Listed by Listing Results, LLC | |||
| May 4, 2022 | No longer available | - | |
| No longer available | |||
| Mar 31, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017