12311 Old Oaks Drive
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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 |
|---|---|---|---|
| Jul 31, 2023 | Sold | ||
| Sold | |||
| Apr 26, 2023 | Listed by Compass RE Texas, LLC | $1,375,000 | |
| Listed by Compass RE Texas, LLC | |||
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Welcome home to 12311 Old Oaks in the sought out neighborhood of Frostwood.As you walk through the double mahogany doors w/ beveled glass, you will see this charming house is ready for you to call it home. The first floor offers a large den with soaring beamed ceilings and a wall of windows and doors to view the pool and backyard. Stunning kitchen with granite countertops, large farmhouse sink, 6 burner Wolf range, wine refrigerator, plenty of cabinet space and a cozy breakfast nook. Kitchen and breakfast dining is open to the large living space. Formal dining room is perfect for entertaining. First floor has primary bedroom and bath with marble double sinks, large soaking tub and separate shower. 2 secondary bedrooms on 1st floor with Updated hall bath. Office is also on the first floor. Upstairs you will find a large game room, secondary bedroom and bathroom. Also a large storage closet. Zoned to FWE, MMS, MHS.
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| Aug 23, 2022 | Sold | ||
| Sold | |||
| Jun 27, 2022 | Listed by Martha Turner Sotheby's International Realty | $1,499,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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Welcoming curb appeal, flexible & spacious interiors, gorgeous, sparkling pool...12311 Old Oaks Dr is what you have been dreaming of! Upon entry through the double mahogany doors w/ beveled glass, you will see & feel what makes this charming home so special. The 1st floor offers a large den w/ soaring beamed ceiling & delightful views of the beautiful pool (2021), green space and covered patio. Stunning kitchen w/ granite countertops, large farmhouse sink, 6 burner Wolf range, wine refrigerator, great cabinet storage & cozy breakfast nook is open to the den - the heart of this wonderful home. The dining room w/ adjoining sitting room is perfect for entertaining. Spacious, 1st floor primary bedroom & bath w/ marble double sink/vanity area, large soaking tub, separate shower & walk-in closet. 2 secondary bedrooms and a perfect home office complete the 1st floor. 2nd floor offers great flexibility & is currently serving as a teen's dream bedroom & an amazing gameroom. Welcome home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017