111 Oakland Avenue
About This Property
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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 |
|---|---|---|---|
| Nov 25, 2020 | Listed by Bailey Properties | $1,699,000 | |
| Listed by Bailey Properties | |||
| Sep 8, 2020 | No longer available | - | |
| No longer available | |||
| May 19, 2020 | Price Decreased |
$1,699,000
↓ $76K
(4.3%) | |
| Price Decreased | |||
| Mar 7, 2020 | Listed | $1,775,000 | |
| Listed | |||
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Location, Location, Location, 111 Oakland Avenue in the heart of Capitola's "Depot Hill". Look and Sea www.111oaklanddepothill.com .A magical feel good neighborhood and recreational paradise. A healthy vital environment where you can Live, Love and Laugh. Only 5 doors to spellbinding ocean views along the bluff. Moments away from the energetic vibe of Capitola Village. We are told the parcel was purchased by their grandfather over 100 years ago as a wedding gift, building a cabin for his Bride to be. In 1983 the cabin was removed, and Bill Lindeke built the current home seen today. A 2117 sq ft 4 bedroom 2 bath Craftsman on the sun drenched 3920 sq ft lot. Cherished by generations of family members for over a century. Their "Home away from Home" is being offered for the 1st time in 106 years since the parcel was purchased by Grandpa for the love of his life. The manager has listed the unit size as 2117 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017