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237 Redonda DR
About This Property
This 2,993 sq ft home offers 4 bedrooms and 3.5 bathrooms in the master-planned community of Santa Rita Ranch, known for its resort-style amenities, fitness center, sport courts, and dog parks. Thoughtfully upgraded and beautifully maintained throughout.
Highlights include: epoxied garage/floors, whole-home water softener, porcelain tile on front and back patios, retractable shade on the west-facing patio, enhanced front landscaping, and backyard privacy trees already planted and established.
Why build when this home already has it all - for less, and without the wait?
Note: seller's existing loan may be assumable at 3.75%, subject to servicer approval.
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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 |
|---|---|---|---|
| Jul 30, 2026 | Listed by Keller Williams Realty | $569,000 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017