2008 Red Mountain Road
About This Property
Inside, the home has been thoughtfully refreshed with a clean, modern feel. The kitchen reflects today's style, and fresh paint throughout makes it truly move-in ready.
Outside is where the property expands its appeal. The five-plus acres provide usable land for animals, recreation, or future plans. A barn with two horse stalls sits toward the back of the property, creating a strong setup for equestrian use or additional storage. This home can be your very own retreat from the pace of daily life.
There is a shared driveway agreement with this property.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| May 29, 2026 | Sold | ||
| Sold | |||
| May 4, 2026 | In contract | - | |
| In contract | |||
| Apr 17, 2026 | Price Decreased |
$600,000
↓ $25K
(4%) | |
| Price Decreased | |||
| Mar 27, 2026 | Price Decreased |
$625,000
↓ $15K
(2.3%) | |
| Price Decreased | |||
| Mar 13, 2026 | Price Decreased |
$640,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017