18 Red Oak Drive
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 |
|---|---|---|---|
| Aug 4, 2014 | Sold | ||
| Sold | |||
| Feb 4, 2013 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $1,025,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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Nestled on 5 acres ,yet in a cul de sac neighborhood, this specially designed transitional colonial has it all for the extended family or the at home office space. Unusual 6 rooms on the 1st floor lends itself to open family living space including private study & double family room space. The back stairs leads up to a 3 room retreat/inlaw/au pair,home office;together with the finished basement,this home lends itself to multiple family living needs. The master suite encompasses a sitting room, bedroom, multiple closets and bath with impressive western views. Tucked away but close to shopping, commuting routes and walking trails.
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| Mar 9, 2007 | Sold | ||
| Sold | |||
| Oct 11, 2006 | Listed by William Raveis R.E. & Home Services | $1,399,000 | |
| Listed by William Raveis R.E. & Home Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017