10 Oakway Drive
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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 |
|---|---|---|---|
| Dec 4, 2023 | Sold | ||
| Sold | |||
| Oct 13, 2023 | In contract | - | |
| In contract | |||
| Oct 9, 2023 | Listed by Douglas Elliman Real Estate | $549,999 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
|
THIS CHARMING RANCH IS LOCATED ON 1/4 ACRE OF PROPERTY WITH A MID BLOCK LOCATION AND IN CLOSE PROXIMITY TO STONY BROOK VILLAGE CENTER, STONY BROOK HARBOR AND SHOPPING. THIS HOME FEATURES UPDATED EAT IN KITCHEN WITH STAINLESS STEEL APPLICANCES, GRANITE COUNTERTOPS, PORCELAIN TILE FLOOR AND CUSTOM CABINETRY. DINING ROOM & LARGE FAMILY ROOM WITH WOOD BURNING FIREPLACE HAS GLEAMING HARD WOOD FLOORS, CROWN MOLDINGS AND 5 1/4 INCH BASE MOLDINGS. BEDROOMS FEATURE GLEAMING HARD WOOD FLOORS AND SLIDER LEADING TO 2ND STORY TREX DECK WITH STAIRS LEADING DOWN TO A PAVER PATIO. FULLY UPDATED BASEMENT WITH FLOATING VINYL FLOOR, FULLY UPDATED PORCELAIN TILED FULL BATHROOM AND ENTERTAINMENT AREA. OUTSIDE ENTRANCE LEADS TO PRIVATE SCENIC BACK YARD AND PAVER PATIO. IN ADDITON THE HOME FEATURES 200 AMP ELECTRIC, 30 YEAR ARCHITECTURAL ROOF AND CEDAR IMPRESSION VINYL SIDING. LOWER LEVEL MAY BE ABLE TO BE CONVERTED INTO LIVING SPACE WITH PROPER PERMITS. THIS IS A MUST SEE AND WILL NOT LAST.
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| Sep 25, 2023 | Listed by Douglas Elliman Real Estate | $549,999 | |
| Listed by Douglas Elliman Real Estate | |||
| Dec 11, 2014 | Sold | ||
| Sold | |||
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About Stony Brook
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Data Source: OneKey MLS
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