1696 Oak Way
About This Property
Tucked in a fantastic location just steps from Oak Way Park and Emma Wilson Elementary, this 3-bedroom, 2-bath home with an attached garage is a true fixer-upper with unmatched potential. Lovingly customized by its longtime owners, the home is ready for a new chapter - whether that means a full modern renovation or a thoughtful restoration that honors its unique character. Set on a huge lot, there's room to dream big: expand the garden, create your dream outdoor entertaining space, or simply enjoy the extra breathing room that's so hard to find in town. Step inside and discover a striking spiral staircase leading to a versatile upstairs bonus room - a blank canvas ready to become a playroom, home office, second living space, studio, or whatever your imagination calls for. The possibilities really are endless. This is a home for the buyer who sees beyond the surface - someone with vision, a little sweat equity, and a love for bringing character-filled homes back to life. With its unbeatable location near the park and school, solid bones, and a layout full of personality and potential, 1696 Oak Way is ready for someone to write its next story. Bring your contractor, bring your vision, and come fall in love with the possibilities.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 24, 2026 | Sold | ||
| Sold | |||
| Aug 29, 2026 | In contract | - | |
| In contract | |||
| Aug 19, 2026 | Relisted | $400,000 | |
| Relisted | |||
| Aug 15, 2026 | In contract | - | |
| In contract | |||
| Jul 18, 2026 | Listed by eXp Realty of California, Inc. | $400,000 | |
| Listed by eXp Realty of California, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017