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536 Oak Drive
About This Property
Enjoy year-round relaxation and fun in the 2,400 sf pool house, complete with an indoor pool, game room, bar area, full bath. The expansive lot is shaded by mature oak trees and features a circular driveway, creating a private, park-like setting.Fish off the bayou in your own backyard & enjoy quick access to nearby parks, the downtown square, shopping and Gulf Coast beaches. Don't miss this rare opportunity to own a slice of resort-style living!
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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 |
|---|---|---|---|
| Aug 31, 2026 | Sold | ||
| Sold | |||
| Aug 6, 2026 | In contract | - | |
| In contract | |||
| Jun 2, 2026 | Price Decreased |
$499,000
↓ $11K
(2.2%) | |
| Price Decreased | |||
| May 15, 2026 | Price Decreased |
$510,000
↓ $15K
(2.9%) | |
| Price Decreased | |||
| Apr 30, 2026 | Listed by My Castle Realty | $525,000 | |
| Listed by My Castle Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017