1921 Red Oak Drive
About This Property
Welcome home to this impressively updated 4-bedroom, 2-bath residence nestled on an almost 1-acre, tree-filled lot in a well-established neighborhood. Recently remodeled with modern colors and fresh finishes throughout, this home offers both style and comfort. Step inside to a bright and inviting floor plan featuring one spacious living area and a dedicated dining room-perfect for family gatherings and entertaining. The kitchen and bathrooms have been tastefully refreshed, and every space feels clean, contemporary, and move-in ready. Enjoy plenty of parking and extra storage with a 2-car oversized garage plus two additional storage buildings, ideal for tools, hobbies, or seasonal items. Outside, the expansive yard provides room to roam, shade from the mature trees, and endless possibilities for outdoor enjoyment. This property combines modern updates with the charm of a quiet, established neighborhood-truly a must-see!
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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 |
|---|---|---|---|
| Feb 6, 2026 | Sold | ||
| Sold | |||
| Dec 18, 2025 | In contract | - | |
| In contract | |||
| Dec 9, 2025 | Listed by TheGreenTeam RE Professionals | $420,000 | |
| Listed by TheGreenTeam RE Professionals | |||
| Sep 22, 2022 | Sold | ||
| Sold | |||
| Aug 30, 2022 | Listed by CENTURY 21 Judge Fite Company | $240,000 | |
| Listed by CENTURY 21 Judge Fite Company | |||
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Previously a group home that has had floorplan modifications. It sits on a beautiful acre lot in a peaceful neighborhood with tremendous upside. It is being sold AS IS. The seller will make No repairs.
Be sure to look at our other three investment properties for sale, MLS #'s 20135293, 20135511, and 20135541.
Reach out to either agent with any questions. MULTIPLE OFFERS RECIEVED. PLEASE SUBMIT ALL OFFERS BY SAT, SEPT 3 5PM. Thank you.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017