2942 Red Oak Leaf Trail
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 |
|---|---|---|---|
| Jun 20, 2024 | Sold | ||
| Sold | |||
| Jun 1, 2024 | In contract | - | |
| In contract | |||
| May 9, 2024 | Listed | $448,900 | |
| Listed | |||
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Welcome home to 2942 Red Oak Leaf Trail! located in Oak Ridge Place & zoned to Katy ISD. This stunning home features 5 bedrooms, 3 full baths, 1 half bath and spacious rooms! Work from home in the study. Entertain in the formal dining area. The chef's kitchen showcases dark stained cabinets with ample counterspace, appliances, & a cute breakfast nook. The family room features soaring high ceilings, fireplace with mantel & large windows. Come unwind after a long day in the spacious master retreat with room for a sitting area. The bath includes a shower, separate garden tub & walk-in closet. Upstairs you will find both the game room & media room! Sit back, relax & enjoy a quiet evening on the covered back patio. You don't want to miss all this home has to offer! Schedule your showing today!
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| Feb 22, 2021 | Sold | ||
| Sold | |||
| Jan 21, 2021 | Listed by Keller Williams Signature | $299,000 | |
| Listed by Keller Williams Signature | |||
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|
Welcome home to 2942 Red Oak Leaf Trail! located in Oak Ridge Place & zoned to Katy ISD. This stunning home features 5 bedrooms, 3 full baths, 1 half bath and spacious rooms! Work from home in the study. Entertain in the formal dining area. The chef's kitchen showcases dark stained cabinets with ample counterspace, appliances, & a cute breakfast nook. The family room features soaring high ceilings, fireplace with mantel & large windows. Come unwind after a long day in the spacious master retreat with room for a sitting area. The bath includes a shower, separate garden tub & walk-in closet. Upstairs you will find both the game room & media room! Sit back, relax & enjoy a quiet evening on the covered back patio. You don't want to miss all this home has to offer! Schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017