55 Oak Hill 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 |
|---|---|---|---|
| Sep 19, 2025 | Sold | ||
| Sold | |||
| Aug 14, 2025 | In contract | - | |
| In contract | |||
| Jul 23, 2025 | Price Increased |
$590,000
↑ $15K
(2.6%) | |
| Price Increased | |||
| Jul 15, 2025 | Listed by eXp Realty | $575,000 | |
| Listed by eXp Realty | |||
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Welcome to 55 Oak Hill Drive, beautifully maintained ranch offering the ease of single-floor living in a desirable Methuen neighborhood! This home features an updated kitchen, remodeled just 2 years ago, with modern finishes and 2-year-old appliances, including a washer and dryer for added convenience. Recent improvements include new vinyl siding, enhancing both energy efficiency and curb appeal. Step into the cozy three-season porch, perfect for relaxing or entertaining, which leads to a level backyard featuring an above-ground pool and a spacious private patio, ideal for summer gatherings. Don’t miss this move-in-ready home with thoughtful updates and inviting outdoor space!
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| Jul 31, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017