2348 Southern Oak
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 |
|---|---|---|---|
| Feb 14, 2020 | Sold | ||
| Sold | |||
| Oct 19, 2019 | Listed by ReMax Direct | $719,900 | |
| Listed by ReMax Direct | |||
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Scenic natural countryside in the premier neighborhood of Holly Oaks bordering a Nature Preserve with hiking trails. Easy, paved access among Estate homes. Sits up on a hill in a private setting. This 4 bedroom, single level home features include eat in, island kitchen with gas stove, double oven and pantry, coffered ceilings. Master suite has luxurious masterbath with soaking tub and separate shower. Low maintenance landscaping. Horses welcome. No HOA fees! Neighborhoods: Holly Oaks Other Fees: 0 Sewer: Septic Installed Topography: LL,RSLP
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| Oct 19, 2016 | Sold | ||
| Sold | |||
| Aug 11, 2016 | Listed by Myers Realty Group | $680,000 | |
| Listed by Myers Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017