16 (Lot40) Red Gate Road
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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| Apr 17, 2025 | In contract | - | |
| In contract | |||
| Apr 10, 2025 | Listed | $1,449,000 | |
| Listed | |||
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Magnificent 4 bedroom colonial situated in the desirable Wisteria Ways II neighborhood & Blue Ribbon awarded Old Post Rd School. Perfect for entertaining, this beautiful home offers an expansive kitchen with granite counter tops, large kitchen island & stainless steel appliances. Gracious foyer leads to a formal dining room with wainscoting, a spacious home office and a cozy living room with gas fireplace. The second floor boasts 3 generous bedrooms with double closets, a 5th bonus room and family bath with double vanity. Oversized master suite offers a 4 piece bathroom, walk-in closets & study nook. Fabulous finished lower level with full bathroom and garage access provides even more space for play. Incredible backyard oasis (2022) features professional landscaping with retaining wall, in-ground heated saltwater pool, and an impressive patio with built in gas fire pit. Additional amenities include separate front entrance w/ mudroom, a walk-up attic, 2nd floor laundry & ample storage.
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| Jan 11, 2013 | Sold | ||
| Sold | |||
| Sep 19, 2012 | Listed by Walsh Bros. Building Co. | $725,000 | |
| Listed by Walsh Bros. Building Co. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017