7413 RED CEDAR Drive
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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 3, 2026 | Listed by Ruben G Schaeffer | $341,990 | |
| Listed by Ruben G Schaeffer | |||
| Dec 26, 2023 | Sold | ||
| Sold | |||
| Sep 29, 2023 | Listed by Home Pros Real Estate Group | $322,000 | |
| Listed by Home Pros Real Estate Group | |||
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Welcome to this charming home located in the highly sought-after Desert Springs subdivision. Home shows pride of ownership offering an inviting open concept layout. The kitchen is equipped with sleek stainless steel appliances and elegant granite countertops, perfect for culinary enthusiasts. The convenience of the owner's suite on the lower level cannot be overstated, complete with a double vanity, a relaxing garden tub, a separate shower, and a generously sized walk-in closet. Upstairs, you will find two additional spacious rooms along with an expansive loft area that can easily be converted into a fourth bedroom if desired, and an additional loft. Other notable features include refrigerated air, a utility room, and a pocket office. Situated within walking distance to a park and with easy access to major highways 375 and I-10, this home offers both comfort and convenience.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017