16969 Red Tail Lane
About This Property
Kitchen is set up with a great coffee bar and enough room for easily preparing meals gathering around the kitchen island! The second level of this modern home offers three spacious bedrooms, and a loft for added space. Enjoy the ease of having energy efficient appliances, solar is already owned and you can live in this the beautiful well kept community without paying any HOA fees. There are so many reasons to make this home your own!
It's conveniently located near the 15 and 210 freeways and only minutes away from the popular destination outdoor mall, Victoria Gardens!
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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 |
|---|---|---|---|
| Jun 18, 2026 | Sold | ||
| Sold | |||
| May 20, 2026 | In contract | - | |
| In contract | |||
| May 20, 2026 | Price Increased |
$718,900
↑ $19K
(2.7%) | |
| Price Increased | |||
| May 14, 2026 | Price Decreased |
$699,900
↓ $19K
(2.6%) | |
| Price Decreased | |||
| Apr 10, 2026 | Listed by Fiv Realty Co. | $718,900 | |
| Listed by Fiv Realty Co. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017