5008 Oak Point Drive
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 |
|---|---|---|---|
| Oct 30, 2020 | Sold | ||
| Sold | |||
| Aug 20, 2020 | Listed by Tappan Realty Group | $282,000 | |
| Listed by Tappan Realty Group | |||
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This Princeton Elite home sits on a knoll, features living room with long windows bringing in an abundance of light, wood flooring, eat-in kitchen - coffee corner overlooking patio, corian counters, dining area for entertaining, 3 bedrooms, guest bath has walk-in shower, master bath has corner soaker tub and shower. Bright and airy all glass 3-season room overlooking private grounds. One-car garage, shed for seasonal storage. All appliances stay including washer and dryer. Furnace/Air Conditioner combo unit replaced in 2011. Just move in and enjoy. Oak Point monthly fee includes real estate taxes, lawn mowing & treatments, mulching, shrub trimming, trash and snow removal. Increases tied to CPI index used for social security. Oak Point is a "life style community" with 3 pools, 2 whirlpools, gym, fitness room, large ballroom, billiards room, craft room, library and many more activities. Oak Point has a social director.
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| Jun 30, 2017 | Sold | ||
| Sold | |||
| Apr 17, 2017 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $249,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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Oak Point ~ Over 55 Community~ Featuring impeccable Princeton home with 3 Bedrooms & 2 Bath one level living with gleaming wood floors throughout. Spacious and open floor plan filled with natural sunlight. Country style eat in kitchen with corian counters all appliances to stay including washer & dryer. Breakfast nook leads to 3 season sun-room overlooking nicely wooded area. One car garage & shed for extra storage.
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| Jun 30, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017