3507 Red Deer Lane
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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 3, 2025 | Sold | ||
| Sold | |||
| Jan 23, 2025 | In contract | - | |
| In contract | |||
| Jan 17, 2025 | Listed by Dave Perry Miller Real Estate | $549,900 | |
| Listed by Dave Perry Miller Real Estate | |||
| Dec 17, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Oct 30, 2024 | Listed by Dave Perry Miller Real Estate | $572,500 | |
| Listed by Dave Perry Miller Real Estate | |||
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Exquisite one owner Bloomfield home, meticulously maintained and situated in the heart of Melissa. Built in 2021, this sophisticated home boasts an open concept kitchen-living area complimented by a stone gas fireplace with cedar mantle, high ceilings and a wall of windows offering tons of natural light and overlooking the backyard. The gourmet kitchen features quartz countertops, stainless steel appliances, a gas cooktop, under cabinet lighting, a large island with seating, designer pendant lighting, and ample storage space including a large walk-in pantry. The first level features a spacious primary suite and spa-like ensuite with separate glass enclosed shower and soaking tub, a dedicated office with glass French doors, and a separate mudroom space with built-ins. The second level offers a game room, four large bedrooms, a jack and jill bathroom plus an additional shared dual-sink bath, and laundry room. The expansive landscaped outdoor space with extended patio is perfect for entertaining. Three car garage with epoxy flooring and backyard access through a separate exterior door. Additional upgrades include wood laminate floors throughout the main living spaces, 8 foot Mahogany front door with iron and glass detail, custom faux wood blinds, backyard lighting and much more.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017