20
Map
12 Royal Oak Lane
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%.
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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 |
|---|---|---|---|
| Apr 17, 2025 | Sold | ||
| Sold | |||
| Mar 6, 2025 | In contract | - | |
| In contract | |||
| Feb 25, 2025 | In contract | - | |
| In contract | |||
| Feb 20, 2025 | Listed by Coldwell Banker Realty | $325,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
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Welcome to 12 Oak Street, a beautifully renovated colonial offering two bedrooms and one bathroom with the potential to add a third bedroom and second bathroom. This charming home sits on an elevated lot, providing scenic views and a spacious backyard perfect for entertaining. Inside, the home has been completely updated with fresh paint, new flooring, and stylish finishes throughout. The brand-new kitchen features white shaker cabinets, sleek bright countertops, stainless steel appliances, and a modern black gooseneck faucet. The newly renovated bathroom includes a brand-new tub, a separate walk-in shower, a new toilet, and a heated vanity mirror designed to prevent fogging. The bright and airy living spaces are enhanced by large windows and recessed lighting, while the finished walk-out basement offers flexible space that can serve as an additional living area or future third bedroom. Modern comforts include central air conditioning, ensuring year-round comfort. The sunroom is the perfect place to relax and take in the surroundings, while the fenced backyard is an entertainer's dream with a wooden pergola, a stone fire pit, and a detached two-car garage. Located on a non-through street in a quiet residential neighborhood close to parks, shopping, and major highways, this move-in-ready home offers style, convenience, and future expansion potential. Schedule your showing today.
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| Oct 17, 2024 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017