225 Oakwood Circle
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%.
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 |
|---|---|---|---|
| Nov 4, 2022 | No longer available | - | |
| No longer available | |||
| Oct 11, 2022 | In contract | - | |
| In contract | |||
| Oct 8, 2022 | No longer available | - | |
| No longer available | |||
| Oct 1, 2022 | Listed by United Real Estate | $649,500 | |
| Listed by United Real Estate | |||
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This turnkey home is actively a short term rental property. Producing 6 figure gross revenue, please request for financials. This home would make a great lake house for an investment property or a vacation home when escaping the city. The furniture is negotiable. Upstairs level has 3 bedrooms and 2 bathrooms. The Master bedroom has panoramic views of the lake. The main level has a living area, dining room, laundry, bathroom, and kitchen. The daylight basement level has a walk out porch, living area, study, and bedroom. This property has room for expansion. Given it is sitting on over half an acre, great room to add a guest house to the front of the property for guests or to make an additional return on investment. Property appraised for 650,000 back in April. See MLS for more details. The manager has listed the unit size as 2681 square feet.
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| Apr 18, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017