56 Oakmont Drive
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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 |
|---|---|---|---|
| Dec 30, 2025 | Sold | ||
| Sold | |||
| Dec 4, 2025 | In contract | - | |
| In contract | |||
| Nov 21, 2025 | Listed by Equity Union | $1,475,000 | |
| Listed by Equity Union | |||
| Mar 28, 2014 | Sold | ||
| Sold | |||
| Jan 17, 2014 | Listed by Coldwell Banker Realty | $799,900 | |
| Listed by Coldwell Banker Realty | |||
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This energy efficient home in the exclusive area of Oakmont Estates has been beautifully renovated & expanded to 3241 Sq Ft. Enter through an arched doorway to the home of your dreams. The living room has a built-in entertainment cabinet, custom fireplace & wet bar - perfect for entertaining. The gourmet kitchen has a center island that has extra storage, granite counters & a butler's pantry leading to the formal dining room. The master bedroom suite has been enlarged to include a retreat & room sized walk in closet. The magnificent master bath has spa tub, walk in shower plus an adjoining private garden with outdoor hot/cold shower. The large lot provides privacy & has been beautifully landscaped with many fruit trees & extras like patio misting system & electric sun shade. The custom salt water pool/spa has an energy efficient pump & is surrounded by a gorgeous flagstone patio. Highly upgraded air conditioning/filter system. Quiet, interior location does not back up to a street.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017