1628 Lone Oak Road
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 |
|---|---|---|---|
| Dec 3, 2025 | Sold | ||
| Sold | |||
| Nov 15, 2025 | In contract | - | |
| In contract | |||
| Nov 5, 2025 | Listed by Keller Williams | $1,000,000 | |
| Listed by Keller Williams | |||
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Welcome to your private, sustainable retreat! This spacious 4-bedroom, 2.75-bathroom home boasts 3,225 square feet of living space on a massive, professionally landscaped 0.71-acre lot. The property is a true gardener's paradise, featuring mature lemon, grapefruit, tangerine, and passion fruit trees. Designed for versatility, the home’s unique layout is perfect for multi-generational living or generating rental income, thanks to two separate kitchens on the upper and lower levels. The double driveway and ample yard space provide the ideal opportunity to build an Accessory Dwelling Unit (ADU), adding even more value and potential. Move in with confidence thanks to major modern upgrades including a newer roof, newer windows, and a fully paid-off solar system. This key feature guarantees significant energy savings and efficiency from day one.
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| Aug 3, 2025 | Price Decreased |
$999,000
↓ $201K
(16.8%) | |
| Price Decreased | |||
| Jun 4, 2025 | Listed | $1,200,000 | |
| Listed | |||
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Discover this expansive 4-bedroom, 2.75 bathroom home offering 3,225 sq ft of living space on a lush 0.71-acre lot with mature landscaping and fruit trees, including lemon, grapefruit, tangerine, and passion fruit. Perfect for those seeking privacy, sustainability, and room to grow, this property features two kitchens (upper and lower levels), a double driveway and ample space to add an accessory dwelling unit (ADU). Recent upgrades include a newer roof, newer windows, and fully paid-off solar system, ensuring energy efficiency and long-term savings. The expansive yard is a gardener’s paradise, while the versatile layout is ideal for multi-generational living, rental income, or entertaining. Don’t miss this rare opportunity to own a costume home turnkey property with modern upgrades and income potential.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017