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24462 Redlen Street
About This Property
The saltwater pool features a large waterfall and has been resurfaced and well maintained. There is plenty of space for relaxing in the sun, making this home ideal for entertaining. The open-concept kitchen offers granite countertops and a six-burner cooktop. The spacious living room flows seamlessly into the open living area.
The downstairs main living areas and bedrooms feature wood-look laminate flooring, while both primary suites have wood flooring. Two of the three full bathrooms and the half bathroom have been remodeled.
This solar-powered home has been repiped with copper plumbing and features updated ductwork for the central heating and air-conditioning system. The backyard has vinyl fencing. Additional features include a three-car driveway and a large front patio.
Tesla solar panels are installed under a lease. The monthly payment ranges between $150 and $220, depending on production. The buyer to assume the lease.
Conveniently located near schools, shopping, and freeways. Come visit this beautiful home and make it your next home!
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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 |
|---|---|---|---|
| Sep 10, 2026 | Sold | ||
| Sold | |||
| Aug 21, 2026 | In contract | - | |
| In contract | |||
| Jul 27, 2026 | Listed by Pacific Sterling Realty | $1,500,000 | |
| Listed by Pacific Sterling Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017