26
Map
11 Oakwood Drive
About This Property
The main level features 3 decent sized bedrooms and 2 full bathrooms, complemented by a bright and open layout designed for both comfortable everyday living and effortless entertaining. Gleaming hardwood floors, recessed lighting, and abundant natural light create a warm and inviting atmosphere throughout. The oversized eat-in kitchen offers abundant cabinetry, granite countertops, stainless steel appliances, and direct access to the amzing rear deck-perfect for seamless indoor and outdoor gatherings. The inviting living room is filled with character and warmth, highlighted by a cozy wood-burning stove and oversized windows overlooking the picturesque property. The lower level features a legal accessory apartment complete with a bedroom, an office, and a full bathroom, offering its own updated living space and a kitchen with exceptional flexibility for extended family, guests, or potential rental income opportunities. This home has been extensively updated for peace of mind and modern comfort. Major improvements include a newer roof replaced in December 2021, all new windows and sliders installed by Renewal by Andersen in 2022 with a transferable warranty for the new owner, ductless A/C systems installed in 2022, newer gutter guards, and fencing added in 2022. Additional updates include a renovated accessory apartment bathroom completed in 2024, washer and dryer replaced in 2022, and a refrigerator approximately 5 years old. Step outside to your own private backyard retreat featuring a nice size deck, tranquil natural surroundings, storage sheds, fenced areas, and endless space to relax or entertain. Conveniently located near shopping, dining, parks, and major roadways while still offering exceptional privacy, this move-in-ready property perfectly blends comfort, functionality, and modern updates with peaceful suburban living. Waiting for you to move in and enjoy.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017