4209 Redington
About This Property
With 4 bedrooms and 3 full baths it has plenty of room for visitors too. And with all 3 baths having recent updates, everyone gets that luxury hotel feeling.
Bluestone flooring in the foyer leads to hardwoods throughout the main level and all upper level bedrooms. The kitchen boasts
updated cabinets and solid surface countertops. Plenty of storage and work space as well. There is a large arched opening connecting the dining room and kitchen together. The lower level bonus room with brick gas fireplace will be a hub of fun and games, with plenty of space for both watching the game and playing them. The bedroom in lower level has nice built-ins that could make for a great home office.
The exterior is a treasure unto it's own. A sunroom out back looks out over a flat back yard with beautiful hardwoods and landscaping. Plus a lower level patio off the bonus room. Out back there is a nice shed for tools and storage. All of this in an amazing location right behind Douglas Elementary School and within walking distance to North Hills and The Exchange Development.
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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 |
|---|---|---|---|
| Apr 24, 2025 | Sold | ||
| Sold | |||
| Apr 4, 2025 | In contract | - | |
| In contract | |||
| Mar 26, 2025 | Price Decreased |
$785,000
↓ $15K
(1.9%) | |
| Price Decreased | |||
| Mar 21, 2025 | Relisted | $800,000 | |
| Relisted | |||
| Mar 1, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017