1340 OAK VALLEY DRIVE
About This Property
The property boasts 3 spacious bedrooms, 2 elegant bathrooms with top-quality fittings, and an open floor plan created for easy living and entertaining. With generous living space and stylish finishes, you'll enjoy the perfect setting for both relaxing with family or hosting friends.
You'll adore the beautiful gourmet kitchen - designed for those who love cooking. It has all new appliances and plenty of storage space making food preparation a delight rather than a chore.
Windows are positioned perfectly to allow in loads of natural light making sure that your days inside the house will be bright regardless of how gloomy the weather outside is. The tastefully chosen paint shades on the wall complementing beautifully with chic flooring ensures that interiors look sleek while feeling cozy at same time!
Situated in a friendly community with easy access to prominent spots around town- this property offers all great perks one could wish for when looking at new homes! But that's not it - step outside into your private yard crafted for those weekend barbecues or simply enjoying your morning coffee amidst lush green surroundings!
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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 |
|---|---|---|---|
| May 28, 2025 | Sold | ||
| Sold | |||
| Apr 17, 2025 | In contract | - | |
| In contract | |||
| Mar 4, 2025 | Listed by LA ROSA REALTY PRESTIGE | $319,905 | |
| Listed by LA ROSA REALTY PRESTIGE | |||
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About Polk
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017