1453 Big Redwood 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%.
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 |
|---|---|---|---|
| Feb 7, 2025 | Sold | ||
| Sold | |||
| Jan 9, 2025 | Listed by Corcoran Icon Properties | $733,900 | |
| Listed by Corcoran Icon Properties | |||
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Located in the beautiful Summerlake community, this turn-key home features 4 bedrooms, 3 full baths + 1 half bath. The downstairs den provides additional flexibility, while an upstairs loft offers a versatile area for families. The open-concept living space sets a welcoming tone w/ the reclaimed wood wall in the family room. The freshly updated kitchen is a chef's dream w/ newly painted cabinets, an extended island, granite countertops, subway tile backsplash, pantry & farmhouse sink. Stainless steel appliances complete this functional & stylish space, while an office nook adjacent to the kitchen is perfect for a home office. The downstairs is adorned w/ crown molding, adding elegance to the entire space. Enjoy outdoor living in the low-maintenance backyard, featuring turf, 10x12 storage shed, & a new patio overhang w/a fan & lights, perfect for evening gatherings. The home also includes Norman wood shutters & slider, upstairs laundry room & a tandem 3-car garage. The Summerlake community offers unbeatable amenities, including a community pool, walking trails, a huge community park & more! Summerlake Elementary is just a short distance away, adding to the family-friendly appeal. With newly painted exterior, updated interiors, & an unbeatable location, this home is truly a gem!
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| Apr 30, 2018 | Sold | ||
| Sold | |||
| Feb 6, 2018 | Listed by A. MEADOWS REAL ESTATE | $525,000 | |
| Listed by A. MEADOWS REAL ESTATE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017