16022 Red Oak Road
About This Property
Step into the heart of the home, where a gourmet kitchen awaits, complete with custom soft-close cabinets, elegant quartz countertops, Whirlpool appliances, a built-in microwave, and a convenient wine cooler. The kitchen seamlessly flows into a welcoming living area highlighted by an electric fireplace, perfect for cozy evenings at home.
Retreat to the covered back patio for outdoor relaxation or entertaining, overlooking your generous 0.5-acre lot adorned with beautiful Bermuda grass and equipped with French drains. The additional features include a designated mini-split system in the upstairs bonus room, ideal for a home office or playroom, and an oversized two-car garage with an electric car charging plug and an extra-wide driveway.
This home is built to last with 3500 psi concrete and UV-protected windows that fold out for easy cleaning. Enjoy the convenience of a large laundry room, a mudroom, a huge walk-in pantry, and a linen closet for ample storage.
Located in a community that offers a one-time $50 fee for private boat launch access and an annual HOA fee of $200, this home combines luxury living with recreational opportunities right at your doorstep.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 26, 2025 | Sold | ||
| Sold | |||
| Aug 8, 2025 | In contract | - | |
| In contract | |||
| Aug 4, 2025 | Listed by Keller Williams Realty Tyler | $499,999 | |
| Listed by Keller Williams Realty Tyler | |||
| Jul 30, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 22, 2025 | Price Decreased |
$499,999
↓ $15K
(2.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017