3 Oak Road
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 |
|---|---|---|---|
| Dec 18, 2025 | Sold | ||
| Sold | |||
| Nov 17, 2025 | In contract | - | |
| In contract | |||
| Nov 13, 2025 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $669,900 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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Enjoy lake living in this younger colonial, built in 2004, offering 2,286 square feet of well-designed living space in the sought-after Mirror Lake community of Norfolk. Located just steps from Mirror Lake the neighborhood’s public beach, this home provides year-round access to swimming, kayaking, fishing, paddle boarding and lakeside relaxation. The open floor plan features a spacious front-to-back living room with vaulted ceilings and natural light. The kitchen and dining area connect seamlessly for everyday living and entertaining. This 3-bedroom home includes a first-floor bonus room currently used as an office, offering flexibility for work, guests, play, or a potential 4th bedroom without closet. The second floor offers a king sized primary with walk in closet and another larger bedroom with bonus room. Enjoy the charm and recreation of a lake community while remaining close to Norfolk’s commuter rail, local shops, and highly rated schools. Sale includes 46 Mirror Lake Ave.
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| Nov 21, 2014 | Sold | ||
| Sold | |||
| Aug 13, 2014 | Listed by Realty Executives Boston West | $414,900 | |
| Listed by Realty Executives Boston West | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017