450 Oak Tree 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 19, 2023 | Sold | ||
| Sold | |||
| Jun 6, 2023 | Listed by MIKE POWELL REAL ESTATE | $49,900 | |
| Listed by MIKE POWELL REAL ESTATE | |||
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Beautiful Cliff line lot overlooking the Brazos River Valley Region. You can see for miles & miles. The tree foliage is absolutely beautiful. Gentle Sloping Lot, Easy to Build a house on with a small fall towards the back of the lot which would allow a perfect area for a patio pool. This is a wide angle road frontage lot. The house to the north sits in the middle of two lots allowing for more privacy. The Cliffs Golf course is in the top ten courses in Texas. Come out and enjoy all the family amenities The Cliffs have to offer. Pool, tennis, spa center, restaurant, pro shop, marina and most of all Possum Kingdom Lake.
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| Jun 3, 2023 | No longer available | - | |
| No longer available | |||
| Mar 15, 2023 | Price Decreased |
$59,990
↓ $5K
(7.6%) | |
| Price Decreased | |||
| Feb 2, 2023 | Price Decreased |
$64,900
↓ $5K
(7.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017