385 Oak Leaf Rd
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Oct 8, 2020 | Sold | ||
| Sold | |||
| Aug 25, 2020 | In contract | - | |
| In contract | |||
| Aug 8, 2020 | Listed by XL Realty | $439,000 | |
| Listed by XL Realty | |||
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Looking for an ocean-side 3 bedroom ranch home that's been a great rental property, year after year? The vaulted and open kitchen/dining/living room, coupled with the 14x14 sunroom, make this a very livable home. Outside, we have a huge deck and an outdoor shower. This home has natural gas, full basement, a new roof, new 200 amp service, and a new hot water heater, all on a level half-acre lot in a great neighborhood. The bike path and paths into the Seashore are nearby.
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| Jul 7, 2020 | Listed by RE/MAX Spectrum | $439,000 | |
| Listed by RE/MAX Spectrum | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017