619 Edgewood Lane
About This Property
619 Edgewood Ln, Red Oak TX 75154 is a home built in 1997 with 4,225 square feet. The kitchen features a walk-in pantry, double ovens, and stainless steel appliances, creating a well-equipped space for cooking and entertaining. A fireplace anchors the main living area, adding warmth and ambiance to the central gathering space. Flooring extends across the interior living areas, and a dedicated laundry room adds utility. The primary bedroom includes a walk-in closet for convenient storage and organization. A patio, in-ground pool, and hot tub within a fully fenced backyard create an expansive area for relaxation and entertaining. This residence combines practical design with comfortable living spaces, delivering functional amenities throughout every room. Home comes with a 100-Day Home Warran
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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 25, 2026 | Listed by Opendoor Brokerage, LLC | $695,000 | |
| Listed by Opendoor Brokerage, LLC | |||
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About Ovilla
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017