7518 Red Bay Circle
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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.
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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 15, 2021 | Sold | ||
| Sold | |||
| Jul 23, 2021 | Listed by BHGRE Gary Greene | $4,000,000 | |
| Listed by BHGRE Gary Greene | |||
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You will find the highly-sought combination of luxury, seclusion & accessibility on this 5.44 beautifully sculpted gated acres @ the mouth of The Woodlands.Sprawling 1-story stone home blends old-world Europe & modern-day w/every expected amenity.Entry drive shares flanking ponds w/water features!1875 castle-like front door!Exceptional appointments thruout!Hardwood flooring!Select stone & tile!Soaring ceilings,walls of windows!Exquisite ceiling designs!Carefully selected lighting!Generous rooms flow seamlessly.Banquet-sized formal dining, wine room & bar, family room adjoin to play host to your family & guests.Perfect kitchen w/upscale appliances,2 islands,abundant cabinetry,Taj Mahal granite,brick barrel ceiling & more!Enclosed "kitchen porch" w/FP opens to poolside!Owner's retreat w/FP & unbelievable bathroom w/heated floors overlook romantic courtyard!2 wardrobe closets!All other suites on left wing!Study!Exercise room,store room,giant accessible attic!Greenhouse!4-car garage!
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017