3637 RED SAGE WAY N
About This Property
On the upper level, the large loft area is perfect for relaxing with a book, doing homework, or watching TV. This level features a very spacious Primary Suite with a tray ceiling and two large walk-in closets. The spa-like Primary Bath is a relaxing retreat–complete with a custom shower, soaking tub, dual sinks and a linen closet. Each of the three additional bedrooms are very large and each has a walk-in closet and attached bath. Two bedrooms feature a Jack and Jill bath and the third bedroom has an ensuite bath. All this, plus a hall linen closet and a convenient laundry room/center with a utility tub/sink with a cabinet for storage.
The lower walk-out level provides plenty of space for recreation and entertaining–with a great space for the media area. This level also includes a full bath!
Situated in a great location in Urbana with its Blue Ribbon Schools and great amenities, this home is a quick walk to the Stone Barn Community Center, pool, and gym. Enjoy all that the Villages of Urbana has to offer including the three pools, 2 gyms, 3 clubhouses, tennis, basketball, pickleball, walking paths and year-round HOA-run activities. Two community/regional parks are nearby, and walk to the Urbana Market District with its library, shops, restaurants, grocery store and doctor's offices. Don't miss out on this fantastic home!
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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%.
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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 |
|---|---|---|---|
| May 2, 2025 | Sold | ||
| Sold | |||
| Apr 2, 2025 | In contract | - | |
| In contract | |||
| Mar 1, 2025 | Listed by LPT Realty, LLC | $1,099,995 | |
| Listed by LPT Realty, LLC | |||
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About Urbana
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017