222 OVERLOOK Drive
About This Property
The properties are currently zoned AGRICULTURE and will require a re-zoning to COMMERCIAL per The City of Red Oak's Planned Development. Congratulations in advance on this excellent investment in your future business endeavors! PICS IN MLS ARE OF BOTH LOTS TOGETHER. Please contact the CITY OF RED OAK to verify ALL information.
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Cap Rate Calculator
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 |
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| Aug 2, 2026 | No longer available | - | |
| No longer available | |||
| Feb 2, 2026 | No longer available | - | |
| No longer available | |||
| Feb 2, 2026 | Listed by Glazer's Realtors | $59,999 | |
| Listed by Glazer's Realtors | |||
| Jan 29, 2025 | Listed by Glazer's Realtors | $59,999 | |
| Listed by Glazer's Realtors | |||
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Don't miss the opportunity to own side-by-side lots totaling just under half an acre in this great Red Oak community! 222 OVERLOOK DRIVE and 224 OVERLOOK DRIVE MUST BE PURCHASED TOGETHER. Refer to MLS 20830697 for information on the adjoining lot. Please note: The list price is PER lot.
The properties are currently zoned AGRICULTURE and will require a re-zoning to COMMERCIAL per The City of Red Oak's Planned Development. Congratulations in advance on this excellent investment in your future business endeavors! PICS IN MLS ARE OF BOTH LOTS TOGETHER. Please contact the CITY OF RED OAK to verify ALL information.
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| Jan 28, 2025 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017