55 Oak Leaf 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 |
|---|---|---|---|
| Jun 24, 2025 | Sold | ||
| Sold | |||
| May 1, 2025 | In contract | - | |
| In contract | |||
| Apr 22, 2025 | Price Decreased |
$295,900
↓ $4K
(1.3%) | |
| Price Decreased | |||
| Mar 22, 2025 | Price Decreased |
$299,900
↓ $5K
(1.6%) | |
| Price Decreased | |||
| Mar 5, 2025 | Listed by Sunsets & Sandcastles Realty | $304,900 | |
| Listed by Sunsets & Sandcastles Realty | |||
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This charming 3-Bedroom, 2-Bath Ranch Home
is nestled on over half an acre of land. This delightful home offers a perfect blend of comfort and convenience. Located just a short drive from Ft. Bragg and Fuquay-Varina, this property provides a peaceful retreat with no HOA fees. The kitchen, featuring appliances purchased new in 2018, is ideal for both cooking and entertaining, with all appliances conveying with the home. The spacious family room, complete with a cozy fireplace, is perfect for relaxing or spending time with loved ones.
Recent updates include new LVP flooring throughout in 2024, a newer HVAC system (2020), and a brand-new water heater (2025). Freshly painted in 2025, the kitchen, hall, family room, and master bath now offer a modern, fresh feel. Whether you're enjoying the expansive yard or the inviting interior, this home is ready for its new owner to move in and make it their own.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017