1703 Redstone Manor Drive
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 20, 2023 | Sold | ||
| Sold | |||
| Apr 27, 2023 | Listed by Keller Williams Realty Professionals | $519,900 | |
| Listed by Keller Williams Realty Professionals | |||
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This well-maintained traditional home in the quiet Hillcrest section of the Gleannloch Farms golfing community features wood lam & tile flooring, 4/5 spacious bedrooms with walk-in closets, dining room, office, game room and striking red oak stairway with black spindles. Highlights of the stunning family room are floor to ceiling bricks above gas fireplace, rustic mantle, repainted dual built-ins, and bricked under bar area. The sizable kitchen features stainless appliances, granite countertops, walk-in pantry, gas cooktop & reverse osmosis water system. The primary suite includes two lavatories with granite countertops, tub and frameless shower. Outside there is a porte cochere, wide driveway, oversized covered patio with concrete stamped flooring and walkway leading to a garden/storage area with concrete slab behind the 3 car garage. The roof was replaced in 2015, both water heaters in the last 6 years, the 7’ high privacy fence in 2020 and duct work was professionally cleaned 2/23.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017