2 Oak Ridge
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 |
|---|---|---|---|
| Jun 20, 2014 | Sold | ||
| Sold | |||
| Jul 26, 2013 | Listed by Keller Williams Realty-Merrimack | $359,000 | |
| Listed by Keller Williams Realty-Merrimack | |||
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Built with all the finest materials, hardwood floors, oak staircase leading to large foyer and 4 bedrooms on the second floor this home is a must see. First floor has master BR, laundry, office, formal living room with gas log fireplace, family room with gas log, impressive chef's kitchen with granite and upgraded cabinets, and dining room. Farmer's porch has recessed lighting and trek flooring. Legal apartment with bedroom, kitchen/living room area and bathroom over garage. Central air on 2nd floor and apartment with venting ready on the 1st. Walk-out basement (with two entries) has two large finished rooms now used as a licensed day care and an unfinished 13' x 17' utility room including a transfer switch for use with generator. Yard is all fenced in. Whole house is insulated with plenty of extra storage in the attic. See MLS # 71583181 for more details.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017