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205 Oak Street
About This Property
Step inside to an open, airy layout, recessed lighting, and a seamless flow from the living room into the updated kitchen, complete with sleek white cabinetry, stainless steel appliances, stone countertops, and a center island ideal for entertaining.
The standout feature is the oversized primary suite, designed for comfort and privacy, featuring an ensuite bath and an impressive walk-in closet.
This home also offers two additional bedrooms and a second full bath, providing flexibility for guests, or a home office.
Outside, enjoy a spacious, fully usable yard with room to entertain, relax, or expand. The massive detached garage adds incredible value perfect for a home gym, workshop, studio, or additional storage.
With updated finishes, a functional layout, and versatile bonus space, this home checks every box.
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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.
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About East Patchogue
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017