551 Oak Tree 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 |
|---|---|---|---|
| Apr 21, 2022 | Sold | ||
| Sold | |||
| Jan 13, 2022 | Listed by RE/MAX Realty 9 | $530,000 | |
| Listed by RE/MAX Realty 9 | |||
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True MOTHER/DAUGHTER. Move Right In. Owner has done so much to this Beautiful Home. Upstairs you will find 3 Spacious Bedrooms, Master Bedroom with FULL BATHROOM, 2 Additional Bedrooms Share ANOTHER FULL BATH. UpStairs Laundry. Kitchen with Gorgeous Granite Countertops & Sliders Leading you to the Wonderful Size Deck. Living Room & Dining Room Very Spacious & Offers Beautiful Hardwood Flooring. 1st Floor offers a BEAUTIFUL NEWER Eat in KITCHEN with Stainless Steel Appliances & Spacious Bedroom, FULL BATH & HUGE GREAT ROOM with Sliders Leading you to the GRAND BACK YARD. There is also Laundry Room on this Level and another Possible Bedroom or Office. NEW FURNACE & CENTRAL AIR. New Roof 2014. FULL HOUSE GENERATOR is INCLUDED! 1.45 Acres on Wonderful Dead End Street! MUST SEE!
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| Oct 10, 2012 | Sold | ||
| Sold | |||
| Jun 25, 2012 | Listed by C21/ Action Plus Realty | $274,999 | |
| Listed by C21/ Action Plus Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017