606 RED OAK DRIVE
About This Property
This property has been updated throughout with a brand-new kitchen and renovated bathrooms, along with new flooring, lighting, doors, and fencing. Enjoy cozy evenings by the new wood-burning fireplace.
The home has also been professionally leveled with new piers for added stability and peace of mind. There is a new concrete pad and propane tank. This move-in ready home offers modern updates while maintaining a warm, welcoming feel.
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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 |
|---|---|---|---|
| Sep 2, 2026 | Sold | ||
| Sold | |||
| Aug 20, 2026 | In contract | - | |
| In contract | |||
| Aug 9, 2026 | Listed by Keller Williams Gateway LLC | $99,000 | |
| Listed by Keller Williams Gateway LLC | |||
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Welcome to this beautifully updated 3-bedroom, 2-bath home offering approximately 1,800 square feet of comfortable one-level living. The spacious main living area features vaulted ceilings with exposed beams and a stone-accented wood-burning fireplace, creating a warm and inviting focal point. The bright, remodeled kitchen flows easily into the living and dining areas, making the layout great for both everyday living and entertaining. Renovated bathrooms, updated flooring, lighting, doors and fencing add to the move-in-ready appeal. The home has also been professionally leveled with new piers and features a new concrete pad and propane tank. Located in Magnolia Estates with convenient access to shopping, dining and commuter routes. Move-in ready and waiting for its next owner!
Park application link : https://horizonlandmgmt.com/apply-online/
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| Jul 26, 2026 | Relisted | $99,000 | |
| Relisted | |||
| Jun 11, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017