47
Map
16541 Red Cliff Cir
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 |
|---|---|---|---|
| Nov 12, 2024 | Sold | ||
| Sold | |||
| Oct 15, 2024 | In contract | - | |
| In contract | |||
| Oct 2, 2024 | Listed by RE/MAX Professionals | $1,495,000 | |
| Listed by RE/MAX Professionals | |||
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WELCOME TO A STUNNING WALKOUT RANCH HOME NESTLED IN THE FOOTHILLS, BACKING TO RED ROCKS GOLF COURSE! This coveted Willow Springs residence boasts gorgeous views, wonderful natural surroundings and an immense quiet. Here you have an awesome floor plan with tasteful finishes, gleaming hardwood floors, plantation shutters, electronic blinds & deck canopy. The beautiful living room features tall picture windows & serene vistas. From here step out to the tiered deck drink in hand. Adjacent is the sunny kitchen with slab granite counters & breakfast bar, eat-in nook, Stainless appliances and butlers pantry with wine cooler. In addition you have a formal dining area. You'll love the Primary suite overlooking the golf course with spacious 5-pc bath & soaking tub. The main floor also includes a dedicated office, laundry fitted with cabinets & utility sink, and half bath. Head down to the walkout basement via wide staircase to the posh family/entertainment room with corner gas fireplace, wet bar/kitchenette, game room, 2 bedrooms/2 full baths, workout space & storage/utility room. The patio and expansive 2-level deck make for easy entertaining while enjoying the beauty of nature. Here you have a true lock & leave property with low-maintenance-living! All lawn care, landscaping & snow removal are responsibility of the HOA. You have a hail resistant concrete tile roof, stucco/stone exterior with west-facing front freshly painted in 2023, stucco replaced 2015. Newer Carrier furnace & AC 2018, all lighting upgraded. Finished 764 sq ft garage with lots of cabinets & epoxy floor coating. Great attention to detail throughout and immaculate upkeep. So many reasons to make this your forever home!
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| Jul 10, 2001 | Sold | ||
| Sold | |||
| May 12, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017