131 OAKCREST AVENUE
About This Property
Step inside and immediately notice the gorgeous wide-plank flooring flowing through the huge living and dining rooms, creating a warm and updated feel. The remodeled freshly painted kitchen features granite countertops, newer white cabinetry, and a newer Bosch dishwasher. Just off the kitchen is a convenient mudroom offering additional space and endless possibilities to make it your own. Upstairs, you'll find spacious bedrooms with wide-plank flooring and a beautifully remodeled full bath. But there's more! The finished third-floor attic provides fantastic additional living space and can easily serve as another bedroom, home office, playroom, hobby room, or whatever best fits your lifestyle. Newer windows and closets add even more functionality to this versatile space. The fully sealed basement is another added bonus, offering excellent storage and the potential to create even more finished living space. Outside, you'll find a detached garage and a backyard that feels like your own private oasis-perfect for summer BBQs, entertaining family and friends, or simply relaxing at the end of the day. And the location is hard to beat! Enjoy being within walking distance of downtown Pitman, with its theaters, restaurants, shops, and charming small-town atmosphere, while still having convenient access to major highways. Great location, beautiful updates, flexible living space, and plenty of charm-this is one you don't want to miss! Schedule your showing today! Settlement date will depend on sellers finding suitable housing.
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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 |
|---|---|---|---|
| Aug 17, 2026 | In contract | - | |
| In contract | |||
| Aug 12, 2026 | Listed by BHHS Fox & Roach-Washington-Gloucester | $325,000 | |
| Listed by BHHS Fox & Roach-Washington-Gloucester | |||
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About Pitman
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017