9 Red Leafe Trail
About This Property
This land is genuinely ready for construction. Say goodbye to permitting and grading delays! The lot features easy, direct access, a roughed-in house pad already prepped for your foundation, and a crucial 2-bedroom septic permit already in place. All that's left is to finalize your blueprints and start building!
The property's natural charm is unmatched. This southern-facing lot ensures you enjoy ample sunshine year-round, while the soothing sounds of the creek that runs along the property create the perfect backdrop for relaxation. Just imagine sitting on your custom deck, clearing a few trees to enhance your mountain view, and living the serene life you've only dreamed of.
Rest easy knowing your investment is secure: the property is confirmed to be not located in or near a flood zone. Secure this fantastic opportunity and begin planning your mountain retreat today!
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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 |
|---|---|---|---|
| Aug 6, 2026 | Sold | ||
| Sold | |||
| Jul 7, 2026 | In contract | - | |
| In contract | |||
| Jan 6, 2026 | Relisted | $39,900 | |
| Relisted | |||
| Jan 6, 2026 | Price Decreased |
$30,000
↓ $10K
(24.8%) | |
| Price Decreased | |||
| Jan 4, 2026 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017