625 Redwing Drive
About This Property
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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 |
|---|---|---|---|
| Sep 23, 2025 | Sold | ||
| Sold | |||
| Aug 26, 2025 | In contract | - | |
| In contract | |||
| Aug 18, 2025 | Price Decreased |
$685,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
| Jun 25, 2025 | Price Decreased |
$695,000
↓ $20K
(2.8%) | |
| Price Decreased | |||
| May 29, 2025 | Listed by The Team Realty | $715,000 | |
| Listed by The Team Realty | |||
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Welcome to your dream home in the highly desirable Mansionette subdivision! This beautifully maintained single-story residence offers privacy with 4 spacious bedrooms and 3 full bathrooms, perfectly blending comfort, functionality, and style. Exterior of home was recently painted. Ideal location just off Yosemite Avenue, with easy access to shopping, dining, public transportation, schools, and a nearby hospital. Vaulted ceilings and abundant natural light, skylights in the kitchen and living room. Updated appliances, new kitchen and dining hardware and refinished kitchen cabinets! Dual HVAC systems. The thoughtfully designed layout features a large master suite complete with a cozy fireplace, a luxurious soaking tub, double sinks, and generous closet space.
The 4th bedroom offers private access through the 3-car garage, making it perfect for guests, a home office, or a multi-generational living setup.
Entertain or unwind in a private backyard oasis that was recently renovated in 2022, complete with a sparkling in-ground pool, heated spa, LED lights, BBQ area with fridge and music! Pool equipment was replaced within the last year as well!
Additional features include ample storage throughout, a spacious living and dining area, and three-car garage for extra space and convenience.
Don’t miss this rare opportunity to own a versatile and elegant home in one of the area's most coveted neighborhoods!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017