23 Redwood 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 |
|---|---|---|---|
| Aug 21, 2025 | Sold | ||
| Sold | |||
| Jun 26, 2025 | In contract | - | |
| In contract | |||
| May 29, 2025 | Listed by SRG Residential LLC | $939,000 | |
| Listed by SRG Residential LLC | |||
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Welcome to your dream home in the heart of Plainview! This beautifully renovated 4 bedroom, 3 bath split-level offers the perfect blend of modern updates and cozy charm, in the highly sought-after Plainview-Old Bethpage school district.
Enter into an open-concept main living space featuring custom built-ins and a wood pellet stove for additional heat during chilly months. The chef’s kitchen boasts new stainless steel appliances, granite counters, island with seating and sliders leading to a large Trex deck -perfect for entertaining.
The home features 4 spacious bedrooms and 3 full baths, including a luxurious primary suite with a spa-like en suite bath, walk-in closet, and heated floors. Additional features include large finished basement with laundry room and pantry, new windows throughout, a brand-new water heater, high-efficiency washer and dryer, and upgraded 200-amp electric.
Enjoy outdoor living with a fully fenced yard, Trex deck, pavered patio and smart Wi-Fi in-ground sprinklers, whole-house generator hookup, alarm system and gas line in front of driveway. Don’t miss the chance to make this gem your forever home! Assumable mortgage at 3% rate available to be transferred to new buyer.
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| Dec 26, 2019 | Sold | ||
| Sold | |||
| Nov 18, 2019 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017