7221 Redwood Road
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 |
|---|---|---|---|
| Jun 3, 2026 | Sold | ||
| Sold | |||
| May 7, 2026 | In contract | - | |
| In contract | |||
| Apr 16, 2026 | Listed by Keller Williams Realty-FM | $800,000 | |
| Listed by Keller Williams Realty-FM | |||
| Jun 9, 2023 | Sold | ||
| Sold | |||
| Jan 27, 2023 | Listed by Jones-Papadopoulos & Co | $735,000 | |
| Listed by Jones-Papadopoulos & Co | |||
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This one-story new construction home on an oversized lot is sure to captivate with neutral hues, alluring curb appeal & all the upgrades built by Landon. Step inside & find bright, clean lines. Continue into the main, sun filled family room with views of the backyard that offers a covered patio that opens to the eat-in kitchen & dining area. Outfitted with your favorite resident chef in mind, the spacious kitchen caters to every culinary whim. Soak up the smooth countertops, sleek cabinetry, waterfall island & stainless steel, gas appliances. The owner’s retreat is a sanctuary. This fabulous space is perfect for relaxation & recharge. Enter the ensuite & savor the exquisite walk-in shower, dual sinks & lots of storage. Meanwhile, the walk-in closet is sure to impress as well. You’ll appreciate the versatile space of the bonus room or fourth bedroom & dedicated office. Canyon Falls offers community pool, clubhouse, fitness center, parks, trails, yard maintenance & much more!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017