505 Red River Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 25, 2018 | No longer available | - | |
| No longer available | |||
| Aug 23, 2018 | Sold | ||
| Sold | |||
| Jul 15, 2018 | Price Decreased |
$619,000
↓ $11K
(1.7%) | |
| Price Decreased | |||
| Jun 14, 2018 | Price Increased |
$629,900
↑ $11K
(1.8%) | |
| Price Increased | |||
| Jun 11, 2018 | Listed | $619,000 | |
| Listed | |||
| | |||
|
BEST BUY in the North County at just over $200/SF! WOW!! From the wrap around covered front porch to the classic 2 story architecture, this impressive modern country home is full of character & appeal. Perched nicely above the street level, the LARGE 2,994 SF home affords privacy, convenience and quality not often found at this price point. Amenities include SOLAR (save on PG&E!), laminate wood & tile flooring, volume ceilings with custom crown moldings and door/window casings, abundant storage, an open kitchen plan with stainless appliances, a fireplace, and so much more. Downstairs you'll find a living room adjoining the spacious kitchen, plus formal & informal dining, and a large office/den (or 5th bedroom!). Because this room has a generous alcove that could easily be a closet, we are calling this the possible 5th bedroom, as it is also adjacent to the downstairs 3/4 bath. It would be a perfect guest room, with its own exterior door to the wrap around porch! Upstairs, you'll find 4 additional bedrooms, including a HUGE master bedroom with a walk-in closet, reading or exercise alcove (with lovely views), and a bath with dual vanities, a walk-in shower and a jetted soaking tub. You'll love the upstairs family/game room, with its own private balcony, plus a nicely finished laundry room and a spacious guest bath. Outside, the kids will go crazy for the built-in play structure with a spiral tube slide, fort and yes....even a zip line! There is even room for a boat or small RV! The manager has listed the unit size as 3000 square feet.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017