5 Red Oak Road
About This Property
The main floor includes wonderful family spaces: the light-filled living room with 9-foot ceilings, stunning family room, dining room with floor-to-ceiling windows. updated eat-in kitchen, laundry, and mudroom.
Upstairs are six bedrooms, with two located in a separate suite with its own entrance and bathroom - -perfect for a nanny, Granny or guests. Spacious lower level playroom/ gym opens out to an outdoor terrace and garden. Beautiful new slate roof (2017). Two car garage, ample driveway parking and abundant storage throughout. Right by a neighborhood park, and part of the active and friendly Hilltop Association. Truly a beautiful family home in a superb location. Additional Information: Amenities:Storage,ParkingFeatures:2 Car Attached,
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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 |
|---|---|---|---|
| Jan 6, 2020 | Sold | ||
| Sold | |||
| Jun 19, 2019 | Price Decreased |
$2,295,000
↓ $50K
(2.1%) | |
| Price Decreased | |||
| May 28, 2019 | Price Decreased |
$2,345,000
↓ $150K
(6%) | |
| Price Decreased | |||
| Apr 16, 2019 | Price Increased |
$2,495,000
↑ $200K
(8.7%) | |
| Price Increased | |||
| Feb 6, 2019 | Listed by Julia B Fee Sothebys Int. Rlty | $2,295,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017