26257 Red 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 |
|---|---|---|---|
| Feb 18, 2022 | Sold | ||
| Sold | |||
| Nov 1, 2021 | Listed by BHGRE Gary Greene | $404,250 | |
| Listed by BHGRE Gary Greene | |||
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Do you want to get away from the hustle & bustle of the city while still being close & have all of the amenities? Then this beautiful, one-of-a-kind property is perfect for you. The fully fenced, 7.35 acre spread has distinct areas you can’t find anywhere. In the back of the property is a pond w/ a magnificent oak tree island. Half the acreage is densely wooded forest. There are 2 perfect locations to build your dream home. Country living w/out the sacrifice thanks to high-speed internet, your own water well & an oversized aerobic septic system installed 2018. For your four-legged friends there is a buried electric fence. In addition to a 3bed/2bath manuf. home, the property features 2 additional out-buildings & a covered pavilion. The barn has an office w/ AC. and all have power as well. There’s even a porch stage for gatherings. The manufactured home is perfect to live or stay while your dream house is being built. Come take a look at this gem today. You have to see it in-person.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017