2507 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 |
|---|---|---|---|
| Nov 6, 2024 | Sold | ||
| Sold | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Sep 21, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 19, 2024 | Listed by Compass | $375,000 | |
| Listed by Compass | |||
| Aug 22, 2024 | Listed by Compass | $385,000 | |
| Listed by Compass | |||
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Welcome to this inviting 4-bedroom, 2-bathroom split-level home, offering a fantastic blend of comfort, space, and opportunity. Freshly painted throughout, this home is move-in ready and awaiting your personal touch. As you step inside, you'll immediately notice the new carpet in the upstairs bedrooms, providing a cozy and warm atmosphere. The kitchen and lower level feature brand-new luxury vinyl plank (LVP) flooring, perfect for easy maintenance and everyday living. The home also boasts newer windows upstairs, bringing in abundant natural light and energy efficiency. One of the standout features of this property is the spacious sub-basement, offering excellent storage solutions and potential for additional living space. Whether you need a workshop, a playroom, or simply extra storage, this area has you covered. While the home has been lovingly maintained by longtime owners, it offers a fantastic opportunity for those looking to add their own updates and personal style. With a little TLC, this house can truly shine. Located in a desirable neighborhood, close to schools, parks, and shopping, this home is perfect for those looking for a great investment with endless possibilities. Don't miss out on the chance to make this house your dream home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017