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2540 Red Maple Place
About This Property
Best and final by 5 pm 11/26/22.Beautiful 3 bedroom 2 bath split floor plan that looks out onto the pool that leads out to the lake for those great sunrise mornings & sunset evenings. Oversized kitchen offers stainless steel appliance, granite countertops, wine refrigerator and bar seating for 6. The master bedroom has REAL wood floors, master bath with walk in tiled shower, dual vanities, jacuzzi tub, water closet and walk-in closet Updated bathroom and 2 bedrooms on opposite side of house. Tiled floors. Large great room off kitchen great for entertaining. Large lanai with porcelain tile floor and refinished solar heated saltwater pool with paver patio. New Mature landscaping & fruit trees. The home also offers whole house natural gas generator.
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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 |
|---|---|---|---|
| Dec 27, 2022 | Sold | ||
| Sold | |||
| Nov 3, 2022 | Listed by RE/MAX Aerospace Realty | $449,900 | |
| Listed by RE/MAX Aerospace Realty | |||
| Sep 25, 2018 | Sold | ||
| Sold | |||
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Jun 11, 2018 | Listed | $325,000 | |
| Listed | |||
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Motivated The manager has listed the unit size as 1622 square feet.
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About Wickham Forest
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017