1377 OAK LN
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 |
|---|---|---|---|
| Jul 29, 2022 | Sold | ||
| Sold | |||
| Jun 1, 2022 | Listed by Real Broker, LLC | $235,000 | |
| Listed by Real Broker, LLC | |||
| Jun 28, 2018 | Sold | ||
| Sold | |||
| Dec 13, 2017 | Listed by Exit Homestead Realty Professi | $80,500 | |
| Listed by Exit Homestead Realty Professi | |||
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Price Reduced. Rancher in established neighborhood. Living room and bedrooms with hardwood floors. Spacious family room with fireplace. Kitchen with plenty of cabinets. Plus full basement. Disclosures/ Repairs - Disclosures: State law requires Smoke/Carbon Monoxide detectors be installed for properties having combustible fuel heaters/furnaces, fireplaces, hot water heaters, clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity. Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Please refer to floodtools. com for additional information regarding flood zones and insurance. Uses a septic system. Any required system repairs will be the buyer's expense. Basement inspection is recommended to determine cause of water infiltration and the needed remediation. Mold-like substance inspection is recommended, remedy as needed. Repairs: Cap exposed electrical at junction box basement ceiling. Replace two damaged bedroom windows. Replace damaged basement joist. Treat and paint defective paint surfaces. Commission: Listing Broker 3% of purchase price. Selling Broker up to 3% of purchase price. Year Built: 1972. LBP. See attached Addendum.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017