31455 Red Mountain Road
About This Property
Welcome to this charming three-bedroom, three-bathroom home, nestled in the serene privacy of Red Mountain Road. Well-maintained and ready for its next owner, this property offers both seclusion and stunning views of the surrounding landscape.
Inside, you'll find a formal living room and a dining area with built-in cabinets, ideal for hosting gatherings. The open and spacious kitchen is perfect for home-cooked meals, offering plenty of room for meal prep. The master bedroom is generously sized and features a walk-in shower. The two additional bedrooms enjoy natural sunlight and a private feel, with two extra bathrooms providing added comfort and convenience.
The enclosed patio can easily be transformed into additional living space or used as extra bedrooms. Outside, a detached two-car garage and additional outbuildings provide ample room for your vehicles, toys, or a workshop. The mature landscaping enhances the privacy and offers extra shade, making the outdoor space perfect for relaxing.
Set on 1.71 fully-fenced acres, this property provides plenty of space to enjoy. Call today for a private viewing and make this peaceful retreat your own!
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Cap Rate Calculator
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 31, 2024 | Sold | ||
| Sold | |||
| Nov 27, 2024 | In contract | - | |
| In contract | |||
| Nov 27, 2024 | Price Decreased |
$220,000
↓ $20K
(8.3%) | |
| Price Decreased | |||
| Oct 7, 2024 | Relisted | $239,900 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017