19 Oakes Road
About This Property
The eye-catching panorama of this graceful estate sets the mood for this extraordinary life. Perfectly set back on 1.5 acres of Rumson's waterfront sits this splendid ''French Country Estate'' This home's tasteful design promises to provide a versatile and gracious floor plan with tranquil views to soothe the soul. Whether you are an avid epicurean passionately at work in the kitchen, a lover of literature relaxing near the fire or just working off your daily tensions swimming laps in the pool, this home will offer this and so much more. After a day out on your boat what better way to round out the experience than to hop into the sauna before your head hits the pillow, to wake up the next day and enjoy it all over again!
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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 |
|---|---|---|---|
| Jul 30, 2015 | Sold | ||
| Sold | |||
| Jun 12, 2015 | Listed by Coldwell Banker Realty | $2,350,000 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017