993 Red Rock Rd
About This Property
The house does not simply sit on the land. In many ways, it was made from it. The approach is marked by stone sourced from the local area, each piece hand-picked and cut by the stone mason for the sidewalks, entrance, steps, porch caps and rockwork surrounding the home. Inside, the custom stacked-stone fireplace is crowned by a hand-hewn mantel made from a tree taken directly from the homesite. Nearby, the high bar was milled, sawed and finished by the builders from wood harvested on the property.
The deeper the house unfolds, the more its history reveals itself through the materials. Custom kitchen cabinetry, bath vanities, mudroom cabinetry and the primary bedroom media cabinet were built by a local artist from 200-year-old reclaimed wood. Two-hundred-year-old heart pine runs through the great room, primary bedroom and second-floor steps. First and second-floor walls are clad in 100-year-old reclaimed barnwood. Custom knotty alder doors, handmade stair and porch railings, flagstone floors and custom rock showers continue the craftsmanship from room to room. In the mudroom, a tree trunk becomes the pedestal for a mosaic sink. At the fireplace, hand-forged doors created by a local artist turn a functional detail into another piece of the home's story.
That same attention carries into the barn. Six stalls sit beneath local custom beams, surrounded by stacked and laid stonework and finished with hand-forged door locks and stall partitions.
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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 |
|---|---|---|---|
| Aug 20, 2026 | Listed by Keller Williams Realty | $2,250,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017