22 Oak Brook DRIVE
About This Property
22 Oak Brook is a concrete block 3/2 home, featuring all-new windows, fresh paint, and either tile or beautiful LVP flooring throughout the home. Vaulted ceilings in the great room and primary bedroom create an airy sense of space and light. The spilt floor plan affords the primary bedroom with privacy and the indulgence of a spacious walk-in closet and ensuite. The rear screened porch has hurricane shutters and there is plenty of room to park your boat in the fenced side and backyard. Bonuses include a sprinkler system, newer roof (2019), Old Republic Home Warranty. All information taken from the tax record and, while deemed reliable, cannot be guaranteed
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017