96 Red Gate Rd
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 |
|---|---|---|---|
| Sep 4, 2024 | Sold | ||
| Sold | |||
| Aug 6, 2024 | In contract | - | |
| In contract | |||
| Aug 1, 2024 | Listed by RE/MAX Innovative Properties | $569,900 | |
| Listed by RE/MAX Innovative Properties | |||
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Welcome to 96 Red Gate, a charming 4 bedroom and 2 full bath Cape style home. This well-maintained residence offers a flexible floorplan, a spacious living room complete with wood floors, a fireplace and plenty of room for large furniture and gathering. After meal prep, serving to the deck seating or the formal dining room is easy! A 1st floor bedroom/den has an adjacent bath highlighted by the vessel sink. Upstairs you’ll find the 2nd full bath with updated vanity and granite, 2 additional bedrooms, and the primary with an attached sitting area and walk-in closet. There is an additional finished room in the lower level that would be a perfect, quiet home office. The walk out lower level offers endless possibilities for even more living space, a play room, a gym, perhaps an in-law, or for all your storage needs. You will love the back yard and above ground pool as the perfect playground for summer fun, sports and entertaining. Convenient to Route 3 for commuting and NH shopping.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017