6
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1116 Oak Tree Drive
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 |
|---|---|---|---|
| Jun 9, 2026 | Listed by 5th Stream Realty | $1,900,000 | |
| Listed by 5th Stream Realty | |||
| Mar 15, 2024 | Sold | ||
| Sold | |||
| Feb 15, 2024 | In contract | - | |
| In contract | |||
| Feb 5, 2024 | Listed by Houskor Realty &Management,LLC | $445,000 | |
| Listed by Houskor Realty &Management,LLC | |||
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Multiple Offers! We will be taking highest and best offer till Midnight Sunday Feb 11.
This exquisite one-story home, situated in the sought-after Long Point Wood Community, boasts a spacious layout and desirable features. The property includes a large lot with a generous deck, surrounded by beautiful mature trees, creating a serene ambiance. The kitchen has been updated to perfection, featuring a stunning backsplash and granite countertops, adding both elegance and functionality.
Conveniently located close to shopping centers and medical facilities, including Memorial City Hospital, the home offers accessibility to essential amenities. Nestled at the quiet end of a street on a corner lot.
Additional features include a dedicated study, often referred to as a "man cave," situated at the back of the garage. The Harris County Appraisal District (HCAD) reflects a size of 1659 square feet, while the appraisal indicates a slightly larger area of 1735 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017