507 Oak Street
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 |
|---|---|---|---|
| Nov 10, 2025 | Sold | ||
| Sold | |||
| Sep 26, 2025 | In contract | - | |
| In contract | |||
| Sep 4, 2025 | Listed by Fathom Realty NC, LLC | $199,900 | |
| Listed by Fathom Realty NC, LLC | |||
| Mar 10, 2020 | Sold | ||
| Sold | |||
| Feb 6, 2020 | Listed by Relevate Real Estate Inc. | $109,900 | |
| Listed by Relevate Real Estate Inc. | |||
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Great as a starter home AND cute as a button! This home features a brand NEW METAL ROOF & WATER HEATER. The HVAC is only a couple of years old. Kitchen boosts GRANITE, BACKSPLASH and NEW SS appliances. Did we mention the tons of NATURAL light gleaming through the brand NEW WINDOWS? Fresh PAINT and laminate flooring throughout, not to mention NEW TILE floors in the kitchen and bathroom. Flat lot with easy access to main roads, minutes from major interstates and downtown Graham!!! Come see for yourself!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017