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1736 RED LOOP
About This Property
The first floor offers a versatile flex space perfect for a home office, playroom, or additional sitting area, along with the convenience of a spacious downstairs primary suite featuring a massive walk-in closet. Upstairs, additional bedrooms and a loft provide plenty of separation and give the kids their own space to play, relax, and hang out.
Out back, the fully fenced yard is already set up for making memories. Enjoy an oversized enclosed lanai, beautiful garden area, and fire pit area, perfect for relaxing evenings or entertaining family and friends. There's still plenty of yard remaining to create your own outdoor oasis, including room for a future pool.
Beyond the home, enjoy the community pool and sidewalks throughout the neighborhood, perfect for an evening stroll. Convenient access to the Polk Parkway also makes getting around Lakeland and throughout Central Florida a breeze.
Newer construction, a downstairs primary suite, flexible living spaces, and a backyard designed to be enjoyed. Come take a tour and let's make this your "Home, Sweet Home."
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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 |
|---|---|---|---|
| Oct 8, 2026 | In contract | - | |
| In contract | |||
| Sep 15, 2026 | Listed by KELLER WILLIAMS REALTY | $375,000 | |
| Listed by KELLER WILLIAMS REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017