244 Oak Forest Drive
About This Property
Must See! Owner Has Transformed This Home. In the Past 2 1/2 yrs. This Home Has Been Tastefully Enhanced . New Kitchen with High End Appl. And Granite, New Floors, Removal of POPCORN Ceilings, New Moldings, Blinds,6 Panel Doors, Sliding Glass Door, Master Bath, Dbl Sinks. Start the Cocktails, and Cool Drinks As You Rejuvenate The Soul In The Brand New 16x34 Salt Water Pool w/Deep End Swim Out & 400,000 BTU Heater. Walk All You Want on COOL DECK (Never Gets Hot). Has Polaris Robotic Pool Vacuum, And A Solar Cover With Reel. New Vinyl Fence, Landscaping. Oh Wait, Heat /AC in 800 Sq. Ft. Full Finished Basement With A KITCHEN! Don't Delay, Come See!
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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 |
|---|---|---|---|
| Mar 26, 2019 | Sold | ||
| Sold | |||
| Nov 8, 2018 | Listed by Realty One Group Emerge | $457,900 | |
| Listed by Realty One Group Emerge | |||
| Jan 22, 2016 | Sold | ||
| Sold | |||
| May 2, 2015 | Listed by Diane Turton, Realtors-Brick | $309,999 | |
| Listed by Diane Turton, Realtors-Brick | |||
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House is in County Woods Development.Close to all major highways,shopping,restaurants and beaches. Has a gas fireplace in family room. finished basement with partial kitchen.Slider leads to deck and private backyard that has a shed with electric.. Home needs some TLC like painting. Carpeting needs to be replaced due to the cats and dogs that were living in the house previously.With some updating and care it can once again be a beautiful home.
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About Ocean
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Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21843544
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017