4727 OAK ROAD
About This Property
The home features charming wood ceilings, exposed beams, a cozy brick fireplace, and large windows that bring the outdoors in. A bright kitchen with stainless steel appliances opens to casual dining and living spaces, perfect for gatherings. The lot offers space for outdoor entertaining, gardening, or creating your dream waterfront retreat.
Whether you renovate the existing home or build new, the value here is in the land and the unmatched location. Imagine morning coffee on the deck, afternoons fishing or crabbing from your pier, and evenings watching the sun set over the Bay. Opportunities like this don't come often - seize your chance to own one of the area's most desirable waterfront addresses. Estate Sale, Sold As-Is.
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Cap Rate Calculator
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 30, 2025 | Sold | ||
| Sold | |||
| Sep 16, 2025 | In contract | - | |
| In contract | |||
| Sep 9, 2025 | Price Decreased |
$565,000
↓ $35K
(5.8%) | |
| Price Decreased | |||
| Aug 11, 2025 | Listed by REMAX Platinum Realty | $599,900 | |
| Listed by REMAX Platinum Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017