56 Oak Road
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 18, 2024 | Sold | ||
| Sold | |||
| Jul 22, 2024 | In contract | - | |
| In contract | |||
| Jul 17, 2024 | Listed by Coldwell Banker Realty - Westwood | $595,000 | |
| Listed by Coldwell Banker Realty - Westwood | |||
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NEW TO MARKET - A picture perfect, updated ranch style home ready to welcome its next owners! You will be instantly charmed as you view the attentive care given to maintaining the property, the thoughtful renovations & easy flow throughout this one-level gem. Features include a well-appointed kitchen w/gas cooking, granite countertops & peninsula; open floor plan to dining area; spacious & bright fireplaced living room w/picture window; two bedrooms & upgraded full bath. Enclosed porch/sunroom provides bonus space for office/sitting room year round; large mudroom. Walkout lower level offers expansion potential & plenty of storage. Central Air 2020; replacement windows. Attached 1-car garage. Fenced, level backyard with lots of space for gardening, recreation & relaxation. All this and situated in a highly desirable, prime Norwood neighborhood just minutes to town, train & schools. Open House Hours: Thursday 10:30-12; Saturday & Sunday 11-12:30 both days. Fantastic purchase opportunity!
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| Jan 18, 2012 | Sold | ||
| Sold | |||
| Dec 9, 2011 | Listed by Coldwell Banker Realty - Westwood | $289,900 | |
| Listed by Coldwell Banker Realty - Westwood | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017