39 Oak Cove 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 |
|---|---|---|---|
| May 28, 2024 | Sold | ||
| Sold | |||
| Apr 25, 2024 | In contract | - | |
| In contract | |||
| Mar 22, 2024 | No longer available | - | |
| No longer available | |||
| Mar 21, 2024 | Listed by Martha Turner Sotheby's International Realty - Kin | $1,299,000 | |
| Listed by Martha Turner Sotheby's International Realty - Kin | |||
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Welcome to this exquisite 5-bedroom Mediterranean estate nestled in a serene cul-de-sac within the prestigious 24-hour manned gated community of Kings Lake Estates. This property boasts a resort-style backyard with pebble-tech pool, oversized hot tub, sun shelf, water slide, fire pit, outdoor kitchen, sand volleyball court and more offering the ultimate in relaxation and entertainment. Inside this architectural masterpiece you will find gorgeous, stained wood, stunning millwork and ornate iron work throughout. A secluded first floor primary retreat includes a luxurious ensuite complete with walk-through shower with body spray and rain heads, whirlpool tub and two bespoke closets. Four additional ensuite bedrooms, floating office, chef's kitchen, formal dining room, bar area, and movie theater with its own serving area round out this resort that you can call home. Updates include pool decking, outdoor kitchen, pool equipment, appliances, paint inside and out and new roof coming soon!
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| Mar 1, 2024 | Price Decreased |
$1,325,000
↓ $14K
(1.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017