408 Oak Point Drive
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 |
|---|---|---|---|
| Jul 3, 2018 | Sold | ||
| Sold | |||
| Apr 11, 2018 | Listed by Redlon Realty LLC | $220,000 | |
| Listed by Redlon Realty LLC | |||
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Welcome home to a 3 bedroom, 2 bath PRINCETON style home with attached 1 car garage located near clubhouse (1 min walk). Large Master with private bath. 2 guest bedrooms, one currently used as an office/den. Small enclosed porch. Storage shed. Home is very well maintained. New roof being installed. Freshly painted interior. Come and live in a resort-like community and leave the yard maintenance and snow removal to someone else! This may be the right home for you. Nothing to do but move in. Oak Point amenities include 3 heated pools (1 indoor), hot tubs, gymnasium, fitness center, bocce ball, tennis, pickle ball, volley ball, shuffle board, billiards room, ballroom that seats 500, and much more! On-sight social director plans ~75 activities a month. NO PROPERTY TAXES! Park Fee increases tied to consumer price index used for Social Security. Come and live at a resort and save money. Call for your private showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017