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3428 Red Fox Trail
About This Property
Enjoy the privacy and space of a large homesite with city sewer available, no HOA, and frontage on a paved public road. Located in the highly sought-after Weddington school district, this property combines peaceful country living with convenient access to shopping, dining, and major highways.
To simplify the building process, the seller has completed a boundary survey, topographic survey, and soil assessment, all of which are available upon request. Don't miss this exceptional opportunity to build your dream home on one of Weddington's premier homesites. Seller financing available!
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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 |
|---|---|---|---|
| Sep 30, 2026 | Price Decreased |
$589,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Aug 27, 2026 | Price Decreased |
$599,000
↓ $6K
(1%) | |
| Price Decreased | |||
| Aug 25, 2026 | Price Decreased |
$605,000
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Aug 19, 2026 | Price Decreased |
$610,000
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Aug 10, 2026 | Listed by Levy Elite Realty, LLC | $615,000 | |
| Listed by Levy Elite Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017