5505 Red Oak Circle
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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 28, 2025 | Sold | ||
| Sold | |||
| Mar 21, 2025 | In contract | - | |
| In contract | |||
| Mar 5, 2025 | Listed by Compass Florida, LLC | $520,000 | |
| Listed by Compass Florida, LLC | |||
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At the center of a quiet cul-de-sac is this exceptional 2674 total square foot single family 3 bedroom /3 bathroom home situated in The Woodlands family section of Tamarac. Featuring wide roof overhangs, stucco exterior, buttress wall and archway, a large screened porch, and a barrel tile roof. Interior features include a raised foyer, oak wood floors, brick living room wall with shed ceiling, and impact windows and doors. The generous size of this home contains interesting surprises to the floor plan such as the use of a fourth bedroom as exhibited in the original floor plan design.
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About Tamarac
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017