2119 Red Bird Lane
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%.
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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 7, 2025 | Sold | ||
| Sold | |||
| Oct 22, 2025 | In contract | - | |
| In contract | |||
| Sep 6, 2025 | Price Decreased |
$875,000
↓ $125K
(12.5%) | |
| Price Decreased | |||
| Jul 5, 2025 | Listed by Martha Turner Sotheby's International Realty | $999,999 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| May 15, 2025 | Listed | $1,100,000 | |
| Listed | |||
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Welcome home to 2119 Red Bird Lane. This 2007 custom-built home offers 3 bedrooms, 3 full baths, and 3,963 sq ft on 1.12 acres with low taxes. It features coffered ceilings, elegant arches, and an open-concept layout perfect for entertaining. The kitchen opens to the den and includes a formal living and dining room. The primary suite boasts a luxurious bath with an oversized dual-head shower. Enjoy polished porcelain floors, a breakfast bar, granite counters, an island, double oven, and a 36" Pro cooktop. Additional features include an office/study, family room with built-ins, and a wet bar with wine cooler. Outside, enjoy a wrought iron automatic gate, pool, hot tub, pavilion with power, and pergola. A separate two-story building includes a 1,200 sq ft workshop/garage with stained concrete floors and an 800 sq ft upstairs entertainment area with island bar and fridge. Also included is a 36’ x18' covered RV parking area with a 50-amp hookup.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017