11947 Scarlet Oak Trail
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 |
|---|---|---|---|
| Jul 27, 2021 | Sold | ||
| Sold | |||
| Jun 3, 2021 | Listed by Keller Williams Realty | $549,900 | |
| Listed by Keller Williams Realty | |||
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Beautiful 3 bedroom/2.5 bathroom home on almost FOUR acres located in White Oak Estates. Community amenities include over 100 acres of area to hike/bike or horseback ride, two parks and a lake! This lovely home features a SIX car garage, open family room with a double sided fireplace, gourmet country island with corian counters, stainless steel appliances, breakfast bar and pendant lighting. Private primary master retreat with bay window and patio access, dual vanities and spacious walk in closet. Other features included are whole home natural gas GENERATOR, plantation shutters, engineered bamboo wood flooring, whole home water filtration system with Reverse Osmosis at the kitchen sink and refrigerator, interior paint in 2018 and freshly exterior painted in 2021 along with a recent roof. So much to offer and more. Schedule a private tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017