24 Oak Lane
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 |
|---|---|---|---|
| Sep 25, 2013 | Sold | ||
| Sold | |||
| Jul 10, 2013 | Listed by Coldwell Banker Residential Brokerage - Princeton | $79,900 | |
| Listed by Coldwell Banker Residential Brokerage - Princeton | |||
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Just down the street from Oakford Lake and a short ways to downtown New Egypt, this spacious ranch is a steal at this price. While the home needs substantial work why not buy a piece of heaven and add instant equity by fixing it up yourself? Subject to Freddie Mac's First Look initiative; only offers from owner occupants to be considered through July 26, 2013
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017