46 REDDING RIDGE DR
About This Property
This exquisite Colonial home shows pride of ownership in every corner of its 3,300 square foot of total living space. From the striking red brick facade and polished landscaping in the front to the over 154 square foot deck plus screened porch overlooking a yard backing into parkland. This residence features classic design elements and elegant light fixtures. A spacious living room, a family room with a fireplace and a formal dining room makes up most of the main level. The kitchen, with its granite countertops, expansive cabinets for storage and stainless steel appliances, is a home-cook's dream.
The Owners' suite which is located in the upper level, is composed of a cozy sleeping area, a dressing area, with a vanity and walk-in closet, that connects to a full ensuite bathroom. The other three bedrooms are generously sized with a shared bathroom on the hall.
The lower level is fully finished with a potential to be a guest suite with its own full bath equipped with a tub. An office space and ample storage. A finished walk-out recreation room that opens to the back patio and expansive yard completes the space.
Don't miss your chance to own this stunning home that offers the perfect blend of comfort, style, and convenience!
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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 |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Jan 23, 2025 | In contract | - | |
| In contract | |||
| Jan 16, 2025 | Listed by Long & Foster Real Estate, Inc. | $900,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017