50
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26 Oak Lane
About This Property
The true allure of this property lies in its direct waterfront access. Your private bulkhead and deep-water dock are perfectly appointed for large vessels, making boating adventures effortless. Imagine hosting unforgettable summer parties by the shimmering inground pool with the stunning bay as your backdrop. The grand circular driveway and attached to car garage provide ample parking and easy access. Nestled within the coveted Old Harbor Colony, you'll enjoy the exclusive benefits of private beach access, a club house that hosts several parties a year or book for your own private party, and a picturesque park with a charming gazebo. Featuring a serene primary bedroom and well-appointed guest accommodations, this is coastal living at its finest.
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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 5, 2026 | Price Decreased |
$2,625,000
↓ $374K
(12.5%) | |
| Price Decreased | |||
| Mar 18, 2026 | Price Decreased |
$2,999,000
↓ $201K
(6.3%) | |
| Price Decreased | |||
| Jan 7, 2026 | Listed by Douglas Elliman Real Estate | $3,200,000 | |
| Listed by Douglas Elliman Real Estate | |||
| Oct 25, 2007 | Sold | ||
| Sold | |||
| Feb 26, 1999 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017