603 Red Fern Road
About This Property
Two large living areas share a look-through gas fireplace, and a cozy study nook adds flexibility. The master suite features double vanities, a stand-up shower, and a garden soaker tub. Extras include a laundry room with washer/dryer, a 2-car garage with extended ceilings.
Perfectly located across from Blackwater Golf Club, with a community park and school bus pickup out front, plus quick access to I-10 and shopping. A transferable VIP membership with We Care Heating, Cooling, Plumbing & Electric adds peace of mind.
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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 |
|---|---|---|---|
| Dec 10, 2025 | Sold | ||
| Sold | |||
| Dec 1, 2025 | In contract | - | |
| In contract | |||
| Sep 3, 2025 | Price Decreased |
$365,000
↓ $15K
(4%) | |
| Price Decreased | |||
| Aug 15, 2025 | Listed by Coldwell Banker Realty | $380,000 | |
| Listed by Coldwell Banker Realty | |||
| Oct 14, 2022 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017