231 Oak Street
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 28, 2022 | Sold | ||
| Sold | |||
| Sep 20, 2022 | Listed by RE/MAX Excels | $375,000 | |
| Listed by RE/MAX Excels | |||
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This is it! A historic home completely remodeled: everything is new: kitchen, baths, floors, windows, mechanicals, roof, and more. This home is super cute, offers two bedrooms, very large living space on main floor, first floor mudroom/laundry area, paver patio conveniently located off the first floor, and a completely separate guest house/office with lots of possibilities. Large windows have been added to make this a bright and sunny home. Very high level of finish with a nice trim package. Located on a very large almost acre lot, with lots of mature gracious trees, in a very convenient and desirable location. Garage could be converted to a master bedroom on first floor pretty easily: county will allow additional 600 sq ft structure to build on the lot (2-car garage) or can add onto home and no size limit just set -back requirements.
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| Sep 30, 2021 | Sold | ||
| Sold | |||
| Sep 8, 2021 | Listed by Kettley & Co. Inc. - Batavia | $170,000 | |
| Listed by Kettley & Co. Inc. - Batavia | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017