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22 Oak Lane
About This Property
Natural light fills the inviting living room, which flows effortlessly into the dining area and kitchen, all enhanced by new flooring throughout. The stunningly renovated bathroom offers a sleek walk-in shower, while all three generously sized bedrooms have been freshly painted for a crisp, modern feel.
The lower level adds even more living space with a comfortable family room-ideal for gatherings, movie nights, or a home office.
Conveniently located near shopping, parks, restaurants, breweries, wineries, hiking trails, and public transportation, this home offers both tranquility and easy access to everything you need.
Some of the upgrades are roof in 2022, Hot water heater 2025, Interrior french drain system 2021, walkways 2021, doors 2021.
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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 Middletown
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017