55 Oakview Lane
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 |
|---|---|---|---|
| Feb 23, 2018 | Sold | ||
| Sold | |||
| Oct 26, 2017 | Listed by HB Real Estate, LLC | $175,000 | |
| Listed by HB Real Estate, LLC | |||
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SPRAWLING RANCH WITH 1,690sf OF LIVING SPACE IS READY FOR YOU TO MAKE IT SHINE. THIS CONTEMPORARY FLOOR PLAN OFFERS 4 BEDROOMS, 3 FULL BATHS & 2 CAR GARAGE UNDER. LOCATED IN A QUIET, CUL-DE-SAC NEIGHBORHOOD, ON A BIG 3-ACRE LOT ABOUT 14 MILES FROM WORCESTER. HOUSE NEEDS UPDATES & NEW SEPTIC SYSTEM. IDEAL PROPERTY FOR ANYONE WHO IS LOOKING TO BUILD SOME EQUITY IN A DESIREABLE HOME. NEW SEPTIC DESIGN HAS BEEN ENGINEERED & APPROVED. PLEASE CALL FOR A COPY OF THE NEW SEPTIC DESIGN THAT IS ALSO ATTACHED TO THIS LISTING. SOLD AS-IS. THE SELLER WILL NOT REPLACE OR REPAIR ANY ISSUES. CASH BUYERS OR REHAB LOAN ONLY. 203K REHAB LOANS AVAILABLE TO PURCHASE THE PROPERTY & DO THE REPAIRS. CALL FOR DETAILS ON REHAB LOANS AVAILABLE FOR QUALIFIED BUYERS. ALL INSPECTIONS & CERTIFICATES INCLUDING THE SMOKE CERTIFICATE ARE BUYER'S RESPONSIBILITY. BUYERS NEED TO PERFORM ALL DUE DILIGENCE AT BUYER'S EXPENSE & TO VERIFY ALL INFORMATION. LISTING AGENCY-AGENT DO NOT WARRANTY THE LISTING.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017