23W030 RED OAK 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 |
|---|---|---|---|
| Apr 26, 2022 | Sold | ||
| Sold | |||
| Mar 19, 2022 | No longer available | - | |
| No longer available | |||
| Mar 19, 2022 | Listed by RE/MAX Suburban | $530,000 | |
| Listed by RE/MAX Suburban | |||
| Mar 1, 2022 | In contract | - | |
| In contract | |||
| Feb 22, 2022 | Listed by RE/MAX Suburban | $530,000 | |
| Listed by RE/MAX Suburban | |||
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Do not be fooled! This sprawling ranch is much larger than it looks from the curb. 2961 Sq Ft above ground with a full basement putting it over 5000 Sq ft of finished space. This beauty has been extremely well maintained with many original elements in great condition! Inside you'll find gleaming hardwood floors throughout most of the first floor. Original woodwork, tongue & grove paneling and gorgeous geometric tile in foyer that is repeated around the 1st flr fireplace - all in pristine condition. It has an open floor plan with Living Rm, Game Rm and Dining Rm all flowing nicely from one to the other. Each of these rooms and the kitchen enjoy views of the 3-sided fireplace and walls of windows to the backyard. Kitchen is adjacent and has a breakfast bar that overlooks all the entertaining areas. The bedroom wing offers 4 bedrooms and 2 full baths. Master Ste has private bath, walk in closet with organizers, and built-ins galore! BR 2 has private access to a shared family bath. Next up is a spectacular Sunroom (32' X 18'!) with: 3 walls of floor to ceiling windows! Dramatic vaulted ceilings w/sky lights & down lights! Fabulous, heated porcelain floors and dedicated central air unit! The foyer is generous and has a guest coat closet & powder room. The basement! Oh my gosh, it's huge! You'll find: Workshop, 2nd partial Kitchen, Utility Room, 2nd Powder Rm, 2nd Fireplace, Wet Bar, several storage closets and a huge gathering space for entertaining and family fun! Appliances in the Basement kitchen all work and are included with the home. Two car attached Garage was treated to Epoxy floors installed August 2020 AND a new concrete driveway 2021. Outside is really a treat! The entire grounds have been professionally landscaped and maintained. Seller will leave drawings. 3 zone heat: The Boiler provides clean baseboard heat in 2 zones & Radiant heat in zone 3, the Sunroom. Two CAC units. One cools zone 1 & 2. The 2nd, the Sunroom. Home is connected to public sewers. Water is private well which is piped through water conditioning equipment and reverse osmosis filters. (Yeah! no water bill!) The manager has listed the unit size as 2961 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017