107 Oakmont 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 |
|---|---|---|---|
| Mar 13, 2023 | Sold | ||
| Sold | |||
| Oct 28, 2022 | Listed by Simply Smart Realty | $549,000 | |
| Listed by Simply Smart Realty | |||
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Hard wood floors throughout the common areas. Woodburning fireplace. Kitchen has quartz countertops, double ovens & big walk in pantry. Oversized Laundry room. Downstairs primary bedroom w updated bath w deep tub and separate shower; double sinks & terrific closet w Elfa shelving. Upstairs has big open bonus room w built ins and wall mount TV, 3 bedrooms & large Jack & Jill bathroom. Gated Backyard has gorgeous cedar framed covered patio w built-in space for Green Egg grill, fridge, outdoor sink & long island perfect for parties! Additional concrete areas for fire pit & extra parking. Energy saving solar panels are owned & have incredibly low electric bills! Whole house water softener, Roof 2022, Downstairs HVAC replaced 2021 Upstairs in 2015, cedar pergola refinished 2022 w new misters added.
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| Jul 2, 2020 | Sold | ||
| Sold | |||
| May 15, 2020 | Listed by Briggs Freeman Sotheby's Int'l | $424,900 | |
| Listed by Briggs Freeman Sotheby's Int'l | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017