971 REDWOOD PL
About This Property
The main floor boasts a bright and inviting living/dining combo that seamlessly flows into the kitchen, perfect for hosting gatherings. Just a few steps down, you'll find a cozy entertainment room that's ideal for relaxation and gatherings. This level also includes a full bathroom and convenient access to the attached garage.
Upstairs, you'll discover three generously sized bedrooms, including a full bathroom. The basement is fully finished, offering even more space for entertainment, a home office, or extra storage.
Step outside and enjoy your private, fully fenced backyard, complete with a large paver patio – perfect for outdoor barbecues, relaxing, or gardening. The home also features an attached garage and a beautifully paved driveway, providing ample parking for up to 4 cars.
Sitting on a corner lot, this home is centrally located with easy access to shopping, dining, and major roadways, including the Garden State Parkway and Route 22. Plus, you're just minutes away from downtown Union, where you can explore more of what the area has to offer.
Don't miss the opportunity to make this beautiful home yours! Come see all that 971 Redwood Place has to offer. Showings start February 22nd.
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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 |
|---|---|---|---|
| Apr 15, 2025 | Sold | ||
| Sold | |||
| Mar 21, 2025 | In contract | - | |
| In contract | |||
| Feb 22, 2025 | Listed by Moverite Real Estate, LLC | $625,000 | |
| Listed by Moverite Real Estate, LLC | |||
| Jul 30, 2017 | Listed | $349,500 | |
| Listed | |||
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Move in ready! This well maintained home is located in the lovely Fairway Park area. 3 BRs, 2 full baths with private fenced back yard. Freshly painted interior, finished basement, updated kitchen,CAC 4 car driveway with new pavers, central air conditioning, 4 zone sprinkler system. A rare find in a beautiful area!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017