4165 Redline Drive
About This Property
The spacious living room features large windows that fill the space with natural light, highlighting the brand-new floors and fresh neutral paint throughout. The fully renovated kitchen is a chef's dream, offering sleek countertops, new stainless steel appliances, and a peninsula perfect for meal prep or casual dining.
The master suite is a true retreat, with ample closet space and a private ensuite bathroom that boasts contemporary finishes, and a beautifully tiled walk-in shower. Two additional well-sized bedrooms share an updated full bath, providing plenty of space for family or guests.
Outside, the backyard offers a peaceful escape with plenty of room for outdoor gatherings or simply relaxing or the potential to build an ADU. The home is situated in a friendly, quiet neighborhood, just moments away from parks, golf course schools, shopping, and dining.
With new plumbing, electrical, and central air and heat this home offers peace of mind and move-in ready comfort. Don't miss out on this stunning property – schedule a showing today!
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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 |
|---|---|---|---|
| Aug 22, 2025 | Sold | ||
| Sold | |||
| Jul 29, 2025 | In contract | - | |
| In contract | |||
| Jun 16, 2025 | Listed by Dream Life Loans & Real Estate | $975,000 | |
| Listed by Dream Life Loans & Real Estate | |||
| Apr 17, 2025 | Sold | ||
| Sold | |||
| Mar 20, 2025 | Listed by Coldwell Banker Realty | $777,000 | |
| Listed by Coldwell Banker Realty | |||
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FIXER in arguably the best neighborhood of Carson Park Lakewood, North of Carson and East of Los Coyotes
This home offers an incredible opportunity for those looking to create their dream living space in a sought-after area. The large corner lot provides ample space for an ADU or future expansions, making it perfect for a savvy investor. With its recently upgraded heating and air systems, new central heat pump, and modern 100 amp electrical panel, this property has a solid foundation for further enhancements. The spacious two-car garage and RV parking add to the convenience and appeal of this versatile home. Don't miss the chance to transform this fixer-upper into a stunning residence with your personal touch.
Seller has architectural plans to convert to two bathrooms with primary suite, in same footprint of home
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017