464 Oak Hill Road
About This Property
The 4,795 SF custom main house has 5 bedrooms, 3.5 baths, a game room, a media room and a secondary room with a loft. Finishes include custom wood cabinetry by Legendary Cabinets, 1 inch solid granite throughout and LG stainless appliances. Steel-frame construction and a J-panel roof keep maintenance low. Outside are an 18' x 32' gunite pool (2020) with a cabana, an 8' porch with stone pillars and perimeter irrigation.
The 1,500 SF second house was built in 2023 and is spray-foam insulated. It works for guests, family, a foreman or rental income. Enjoy country living with an 8' front and back porch spanning the entire width of the house.
The 2,400 SF insulated steel shop has plumbing, a full guest suite with HVAC, 50-amp service, a 220 breaker, a load ramp and 2 commercial bay doors. It has room for tools, equipment, a business or all the above.
Underground utilities, 3 separate electric meters and 3 separate septic systems serve each of the three buildings. Also on the property are covered parking, pipe fence surrounding the entire property, a goat and chicken pen, and a private pedestrian gate and walking bridge with water feature winding through the trees make for peaceful walks. Live, work and spread out on one 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 |
|---|---|---|---|
| Nov 7, 2026 | Price Decreased |
$1,249,900
↓ $50K
(3.9%) | |
| Price Decreased | |||
| Oct 14, 2026 | Listed by Keller Williams Fort Worth | $1,300,000 | |
| Listed by Keller Williams Fort Worth | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017