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12718 Oakfield Drive
About This Property
Mature trees provide shade and privacy, while the generous lot size leaves plenty of room for expansion, gardening, or whatever you can dream up! If you're looking to renovate or flip, this property is a prime canvas in a great location. Don't miss this rare investment opportunity!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 9, 2026 | Sold | ||
| Sold | |||
| Nov 21, 2025 | In contract | - | |
| In contract | |||
| Oct 9, 2025 | Price Decreased |
$297,000
↓ $18K
(5.7%) | |
| Price Decreased | |||
| Aug 15, 2025 | Listed by Boutwell Properties LLC | $315,000 | |
| Listed by Boutwell Properties LLC | |||
Property Highlights
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About Cypress
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$2,400 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017