12514 Old Oaks 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 |
|---|---|---|---|
| Dec 20, 2021 | Sold | ||
| Sold | |||
| Nov 8, 2021 | Listed by Martha Turner Sotheby's | $1,499,000 | |
| Listed by Martha Turner Sotheby's | |||
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Built on a 27,000+ Sq ft lot, the clean, simple lines of this Mid-Century Modern single-story residence create a true feeling of indoor-outdoor living. The wall of windows wraps around the center courtyard making the large rectangular lap pool it’s focal point. The 4 BR home opens to three living areas and offers the additional privacy of 5th BR / guest house with kitchen. Sliding doors throughout the house grant access to covered walkways that lead to a well-manicured greenspace. Amenities include sky lights, atrium, terrazzo floors and marble encased fireplace. Plenty of parking and great curb appeal, it’s perfect for the MCM Enthusiast!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017