1721 Oak Avenue
About This Property
Custom White Oak cabinetry features integrated lighting and pull channels. Thermador Masterpiece appliances include a 48" range, dual dishwashers, 54" panel-ready refrigeration, and a beverage center. A 24-foot sliding door opens to a private outdoor oasis with a linear stone-clad gas fireplace, built-in speakers, lighting, and a sleek BBQ island topped with UV- and stain-resistant porcelain slabs. Infrared heaters ensure year-round comfort. Landscaping features a curated California native palette-comprising grasses, flowering shrubs, succulents, and mature trees-maintained by an app-controlled drip irrigation system. Custom concrete platforms and Spanish porcelain pavers complete the setting. Upstairs are four spacious bedrooms, three of which have private balconies. The primary suite features a fireplace and a spa-like bathroom with dual sinks, a soaking tub beneath clerestory windows, a frameless glass rain shower with dual heads, a vanity, and a boutique-style White Oak closet. This fully automated smart home includes Lutron lighting, an iPad Pro control station, four-zone Nest climate control, ceiling speakers, automated shades, smart locks, and a camera security system. The home offers the option to add a 5th bedroom and bathroom downstairs, which has already been plumbed.
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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 |
|---|---|---|---|
| Oct 3, 2025 | Sold | ||
| Sold | |||
| Sep 3, 2025 | In contract | - | |
| In contract | |||
| Aug 14, 2025 | Listed by Lyon Stahl Investment Real Estate, Inc. | $4,950,000 | |
| Listed by Lyon Stahl Investment Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017