38 Red Brook Road
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%.
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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 5, 2022 | Sold | ||
| Sold | |||
| Mar 2, 2022 | Listed by Berkshire Hathaway HomeServices Stratton Home | $825,000 | |
| Listed by Berkshire Hathaway HomeServices Stratton Home | |||
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Strattonwald is a special community of homes and you will not be disappointed with this new offering. 38 Red Brook Road went under a complete renovation back in 2006 from the previous owners and the current owners have added their own improvements any new homeowner would certainly appreciate. Four lovely sized bedrooms with master suite boasting a wonderful bath with jacuzzi. Enjoy radiant heated floors, new carpet and a fresh coat of interior paint along with ac/heat mini splits in most rooms. A chef's kitchen with Cambria countertops & walk in pantry overlooking a landscaped back patio and fire pit. The dining area opens to the living room with an attractive stone fireplace and sliders to the newly added deck covering. A great spot for evening dinners! The lower level of this full time residence offers a family/rec room, full bath, laundry room and two extra rooms for office or storage. Access your back yard via this floor as well. Thru the generous size mudroom you access the sound proof finished bonus room located above the heated 2 car garage. A newly paved driveway and full house generator added. Strattonwald is all about fun and recreation with an enormous spring fed swimming pond, tennis courts and winter shuttle bus to Stratton on weekends and holiday weeks for owners, their guests and long term winter renters. This outstanding home is a sure bet in a popular and long standing community in move in condition. Come see for yourself while it's still available.
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| Oct 16, 2015 | Sold | ||
| Sold | |||
| Apr 1, 2014 | Listed by Berkshire Hathaway HomeServices Stratton Home | $625,000 | |
| Listed by Berkshire Hathaway HomeServices Stratton Home | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017