1400 Oakland Avenue
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 |
|---|---|---|---|
| Apr 4, 2025 | Sold | ||
| Sold | |||
| Mar 6, 2025 | In contract | - | |
| In contract | |||
| Feb 26, 2025 | Listed by Inhabit Real Estate | $1,450,000 | |
| Listed by Inhabit Real Estate | |||
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Take a simple bungalow. Double it in size. Modernize the plumbing , the electrical, the mechanicals, the roof, the windows. Preserve original details, like wood doors and knobs, crown molding, wide-plank wood floors. Make sure the kitchen is stunning but works with the original details, so inset wood cabinet doors and timeless fixtures. Create an open floor plan for ease of daily life while ensuring that the bedrooms offer cozy privacy. Add a killer laundry room. Be sure there is a dry, clean basement that adds loads of storage. Bonus features? Why yes, yes there are: Electric car charger in the carport, security system, keyless locks. With a primary suite on the main floor OR the second floor plus two additional bedrooms, plenty of space for multi-generational living or just having a comfortable space for guests. Don't miss the stunning wallpaper in the powder room. Oh and we'll need a beautiful screened porch with a vaulted ceiling ... I could go on and on. This is a bungalow DREAM doubled in coveted Watts Hillandale. Renovated to the studs in 2015 by builder Ray King and then updated in 2022 by Chartreuse Designs, this home has preserved the charm of the original details while ensuring the modern touches that make fast-paced life work. Oakland Avenue runs right through the center of this wonderful neighborhood, just a quick roll/stroll to Indian Trail Park, Oval Park, and Westover Park plus all the eats and shops on 9th and Broad Streets. Wake up! It's not a dream. It's real and could be yours!
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| Aug 20, 2021 | Sold | ||
| Sold | |||
| Jul 13, 2021 | Listed by Inhabit Real Estate | $1,200,000 | |
| Listed by Inhabit Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017