4662 Red Wing Lane
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 17, 2023 | Sold | ||
| Sold | |||
| Mar 9, 2023 | Listed by Keller Williams Success Realty | $650,000 | |
| Listed by Keller Williams Success Realty | |||
| May 30, 2021 | No longer available | - | |
| No longer available | |||
| May 21, 2021 | Listed | $579,000 | |
| Listed | |||
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This is the only home currently for sale in the highly sought after Maintenance Free Fields of Long Grove- and one of the very few ranch homes in all of Long Grove! This home sits peacefully on a Cul de sac backing to many acres of private conservancy! This beautiful ranch home boasts a private deck off the kitchen, as well as a gorgeous patio off the living room! The master bath was completely redone in 2017, as well as new carpeting, & a new roof that year! The open floor plan, dual fire places, and fabulous professional landscaping make this the perfect home! Finished basement has grand private office, lots of natural light, and new carpet. The Monthly assessment includes landscaping, snow removal to your door, water, cable, on site property manager, 200 plus acres of fabulous walking trails, community garden, beach, chicken coop and more! Enjoy the Fabulous trifecta of schools that include 10/10 Blue Ribbon Award winning Country Meadows, Wood lawn, #1 Adlai Stevenson High School! Love where you live! The manager has listed the unit size as 2858 square feet.
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About The Fields of Long Grove
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,250 /mo
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$3,800 /mo
- 3 Beds
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Last Updated: 3 years ago
Data Source: MRED, MLS# 11734114
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017