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7501 Red Bay Place
About This Property
This home has all of your needs for entertaining guests and family time! Open floor space for family get-togethers, this home provides its residents with THAT Florida feel.
Updated from the inside out, new flat tile roof, new hurricane impact windows and doors, screened inground saltwater pool fitted with a new auto control for salt and chlorine control. From inside to outside, you'll notice the low-maintenance, high-end exclusive artificial turfed backyard!
Kitchen is completely renovated with soft close doors, Cambria Quartz countertops, a custom farm sink, and Jenn Air appliances. SEE MORE This home is also fitted with a tankless water heater, which is perfect for water conservation!
Another key feature is the ABUNDANT storage room on the second floor, AND extra storage space located in the garage. You will never have to worry about running out of room!
Last but not least, as you pull into the driveway, notice the paver tile all the way up to the front door! This NW corner lot is ready for move in!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 20, 2025 | In contract | - | |
| In contract | |||
| Nov 5, 2025 | Price Decreased |
$765,000
↓ $20K
(2.6%) | |
| Price Decreased | |||
| Sep 24, 2025 | Price Decreased |
$785,000
↓ $14K
(1.8%) | |
| Price Decreased | |||
| Sep 6, 2025 | Listed | $799,000 | |
| Listed | |||
| | |||
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***SELLER MOTIVATED - BRING US AN OFFER!*** Stunning 4-bed + office, 2.5-bath corner-lot home in highly desirable gated community of Woodside Estates! This spacious two-story beauty features a screened-in saltwater pool, relaxing Jacuzzi, & a fully turfed backyard perfect for fun & entertaining. Inside, you’ll find a fully renovated interior w/ brand new flooring, a sleek modern master bath with built-in WiFi speakers, & FULL IMPACT windows & doors for safety & efficiency. The 2018 roof, generous 2-car garage, & upstairs bonus room make this home as practical as it is beautiful. Downstairs office/den can easily serve as a 5th bedroom. Ideally located near top-rated schools, shopping, dining, & quick access to Florida Turnpike. Move-in ready & waiting for you to make it home!
| |||
| Aug 19, 2025 | Price Decreased |
$799,900
↓ $25K
(3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017