3822 Oaktrace Drive
About This Property
Your home welcomes you with a long covered entrance & newly painted front door. This gem includes tall, vaulted ceilings with decorative wooden beams in the large 22x15 Living Area. Large upstairs Game Room. Huge Master Bedroom 23x12 allows for king sized bed and sitting area. Kitchen is open to dining area. Double paned windows. Fun, functional and spacious Backyard includes professionally installed 2021 Pergola with electric on a 12x13 slab, 2021 'Lifetime' 8x10 storage shed on a slab as well. Roof is 2021; water heater is 2023. Excellent opportunity. Please provide seller a 3 day lease back
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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 26, 2023 | Sold | ||
| Sold | |||
| Jul 18, 2023 | Listed by RE/MAX Associates Northeast | $235,000 | |
| Listed by RE/MAX Associates Northeast | |||
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This well-maintained home is priced aggressively and won't last long. Excellent location in a quiet neighborhood.
Your home welcomes you with a long covered entrance & newly painted front door. This gem includes tall, vaulted ceilings with decorative wooden beams in the large 22x15 Living Area. Large upstairs Game Room. Huge Master Bedroom 23x12 allows for king sized bed and sitting area. Kitchen is open to dining area. Double paned windows. Fun, functional and spacious Backyard includes professionally installed 2021 Pergola with electric on a 12x13 slab, 2021 'Lifetime' 8x10 storage shed on a slab as well. Roof is 2021; water heater is 2023. Excellent opportunity. Please provide seller a 3 day lease back
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017