5 RED OAK DR
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 3, 2020 | No longer available | - | |
| No longer available | |||
| Jan 29, 2020 | Listed | $399,000 | |
| Listed | |||
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Wonderful 4 bedroom single family home in a great neighborhood in Upper Township! This home has plenty of space for the whole family and is located on a large corner lot in Oak Forest Estates; minutes to Ocean City and just around the corner from Caldwell Park & local shopping centers. This home boasts 4 bedrooms, 2.5 bathrooms, 2 living areas with gas fireplaces, updated kitchen with granite counters, stainless steel appliances, formal dining room, separate laundry area, 2 bonus rooms, a three season room and a HUGE in-ground pool with awesome outdoor patio space. The in-ground pool has been recently upgraded to a salt water system, with all new equipment and liner in the last year. The property also features a 2 car garage with work bench area, storage shed, sizable backyard, dual zone heating and central air. Upper Township offers desired school districts, reasonable taxes and quick access to Ocean City and Sea Isle beaches. Do not wait on this gorgeous home! Call listing agent today for your private tour! The manager has listed the unit size as 3000 square feet.
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| Nov 15, 2017 | Sold | ||
| Sold | |||
| Jul 28, 2017 | Listed | $359,900 | |
| Listed | |||
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(Buyers home sale fell through) Back on Market! Gorgeous two-story colonial on a large, 3/4 acre, corner lot in a vibrant community. Bright and airy, with lots of windows to let in the sunlight. Large rooms and five bedrooms offer plenty of living space. Summer entertaining will be a breeze on the beautiful outdoor patio with in-ground pool. Property features custom made and fit window treatments on all lower level windows and two main baths on 2nd level (Shutters on most windows). New lights upstairs and gas fireplaces in both living room and dining room. Stainless Steel refrigerator, dishwasher, and stove are included. Washer and Dryer also included. Pool includes all pool equipment, automatic sweeper, and chemicals. This home has an attached, insulated two-car garage with included garage-door opener. All furniture is negotiable with the exception of the table outside kitchen.
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| May 31, 2017 | Listed by Keller Williams Realty - Washington Township | $359,900 | |
| Listed by Keller Williams Realty - Washington Township | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017