26089 Redoak Street
About This Property
Step inside to discover an updated kitchen equipped with convenient pull-out drawers, tucked-away trash bins, a stylish backsplash, a farm sink, and a large pantry with water filtration. The outdoor space is equally impressive, featuring an electric sunscreen that fully encloses the patio, perfect for enjoying the outdoors in comfort.
Additional highlights include possible RV parking, outdoor drainage on the side yards, a storage shed with potential water hookups, and a stunning stamped concrete patio. The property is fully landscaped and includes rain gutters, ensuring both functionality and aesthetic appeal.
This home is a must-see! With its thoughtful design and meticulous care, it's ready for you to make it your own. Come and experience the charm for yourself!
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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 |
|---|---|---|---|
| Mar 19, 2025 | Sold | ||
| Sold | |||
| Feb 4, 2025 | Listed by Coldwell Banker Residential | $639,000 | |
| Listed by Coldwell Banker Residential | |||
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About Menifee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017