48 Oakley Road
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 |
|---|---|---|---|
| Jun 14, 2024 | Sold | ||
| Sold | |||
| Apr 29, 2024 | Listed by Coldwell Banker Realty - Lexington | $1,995,000 | |
| Listed by Coldwell Banker Realty - Lexington | |||
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Introducing the stunning McArdle-Carrington House - the first time on the market in over 40 years!This special property was custom built in 1908 by a reknowned local builder. Set in the heart of the Payson Park neighborhood in desirable Belmont! Exterior details include a brick exterior, tons of windows, and slate roof. Grand foyer opens to a bifurcated staircase with the landing with large window and window seat. Spacious living room with fireplace and dining room with built in cabinetry. Eat in kitchen with custom cherry wood cabinets and lots of sunshine! Second floor offers 5 rooms including 4 bedrooms plus an office, 2 full bathrooms & a linen room with built-in cabinetry. Enormous third floor with 2 more large rooms, plus a bonus room. Flexible floorplan and lots of "work from home" space. Spacious yard with over 13,000 square feet and large 2 car garage. All located with easy access to T, schools, Custhing Square, Cambridge and everything Belmont has to offer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017