47 Oak Ln
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 |
|---|---|---|---|
| Sep 19, 2024 | Sold | ||
| Sold | |||
| Aug 7, 2024 | In contract | - | |
| In contract | |||
| Jun 30, 2024 | Listed by Rosewood Realty | $598,000 | |
| Listed by Rosewood Realty | |||
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Discover the charm of Rustic Acres in this versatile 3-4 bedroom raised ranch, offering ample potential for personalization. Perfectly nestled in a sought-after neighborhood, the home features expansive living areas across two levels, creating a bright and inviting environment. The main floor includes a functional kitchen with direct access to a large deck, ideal for outdoor enjoyment, and seamlessly connects to a spacious living room. This residence hosts up to four bedrooms, with the primary suite providing a private bath. The lower level offers a cozy family room with a fireplace, additional bedroom or office space—perfect for work or accommodating guests, and an attached two-stall garage for added convenience. This property presents a fantastic opportunity for those looking to infuse their style into a well-built home, all set in a prime location near town beach, restaurants, shopping, and more. Town records list property as a 3 bedroom. 4th bedroom is on the bottom level.
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| Aug 5, 1991 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017