214 Oak Hill
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%.
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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 29, 2025 | Sold | ||
| Sold | |||
| Aug 3, 2025 | In contract | - | |
| In contract | |||
| Jul 12, 2025 | Price Decreased |
$179,500
↓ $20K
(10%) | |
| Price Decreased | |||
| Jun 6, 2025 | Listed by South Texas Land & Home | $199,500 | |
| Listed by South Texas Land & Home | |||
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Welcome to 214 Oak Hill Drive, a quaint brick cottage nestled on a serene 1-acre lot just minutes from the Country Club. This peaceful property offers a unique blend of character, space, and income-producing potential. The main home features 2 cozy bedrooms and 1 full bath, while just steps away, a detached 1-bedroom, 1-bath casita offers the perfect setup for guest accommodations, a private office, or rental income. Whether used as a short-term or long-term rental, the casita makes this property a smart investment opportunity. The expansive lot is covered with mature oak trees that provide shade and natural beauty throughout. At the back of the property, a 30x30 metal shop offers ample space for hobbies, storage, or additional rental use. With its versatile layout and prime location, 214 Oak Hill Drive is ideal as a primary residence, weekend retreat, or income-generating property.
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| May 20, 2025 | Listed by South Texas Land & Home | $179,500 | |
| Listed by South Texas Land & Home | |||
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Welcome to 214 Oak Hill Drive, a quaint brick cottage nestled on a serene 1-acre lot just minutes from the Country Club. This peaceful property offers a unique blend of character, space, and income-producing potential. The main home features 2 cozy bedrooms and 1 full bath, while just steps away, a detached 1-bedroom, 1-bath casita offers the perfect setup for guest accommodations, a private office, or rental income. Whether used as a short-term or long-term rental, the casita makes this property a smart investment opportunity. The expansive lot is covered with mature oak trees that provide shade and natural beauty throughout. At the back of the property, a 30x30 metal shop offers ample space for hobbies, storage, or additional rental use. With its versatile layout and prime location, 214 Oak Hill Drive is ideal as a primary residence, weekend retreat, or income-generating property.; Original MLS#: 113423; Buyer Name: Escobar; Deed Restrictions: ; Features: Porch-Back; Home Warranty: No; Land Dimensions: .; Property Condition: Good; Property Exclusions: Washer and Dryer; Roof: Shingle; Room List: Kitchen/Dining, Living/Dining; Showing: Appointment Needed; Water District: No; Water Heater: Electric; Windows: Aluminum; Zoning: Residential
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017