60
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1633 RED LOOP
About This Property
Step inside to discover a versatile flex space perfect for a home office, den, playroom, or even a potential 7th bedroom. The open-concept layout features a beautifully appointed kitchen complete with stone countertops, solid wood cabinetry, stainless steel appliances, and plenty of room to gather as it overlooks the living and dining areas.
Upstairs, you'll find a spacious loft ideal for movie nights, game nights, or simply relaxing after a long day. The oversized bedrooms provide plenty of space for family and guests alike.
Enjoy peaceful backyard views with no rear neighbors as the newly fenced yard overlooks a serene pond, creating the perfect setting for morning coffee or evening sunsets. With only one neighboring home beside you, this property offers added privacy rarely found in community living.
Residents of Saddle Creek Preserve enjoy fantastic amenities including a community pool and playground, all while being conveniently located near shopping, restaurants, and everyday conveniences. This exceptional home combines space, style, and location, and is ready for its next owners to move right in!
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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 |
|---|---|---|---|
| Aug 29, 2026 | Price Decreased |
$415,000
↓ $4K
(1%) | |
| Price Decreased | |||
| Jul 8, 2026 | Price Decreased |
$419,000
↓ $6K
(1.4%) | |
| Price Decreased | |||
| Jun 6, 2026 | Price Decreased |
$425,000
↓ $4K
(0.9%) | |
| Price Decreased | |||
| May 20, 2026 | Listed by EXP REALTY LLC | $429,000 | |
| Listed by EXP REALTY LLC | |||
| Jan 21, 2025 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017