40 Oxford Lane
About This Property
Many big ticket items have already been done for you. Roof is less than 2 years old. Air and hot water heater 2 years old. Most windows in the home are newer. 2 Updated and modern full baths. Family room leads to your private Yard. 2 nice size bedrooms on lower level. 2 nice size Bedrooms with newer carpets upstairs, The master with a nice size storage space. This home is Close to New York City Transportation, Shopping and all the Jersey shore has to offer. Make your appointment today!
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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 |
|---|---|---|---|
| Apr 2, 2021 | Sold | ||
| Sold | |||
| Jul 8, 2020 | Listed by Weichert Realtors-Middletown | $425,000 | |
| Listed by Weichert Realtors-Middletown | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017