563 Oak Crest 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 |
|---|---|---|---|
| Apr 4, 2025 | Sold | ||
| Sold | |||
| Mar 7, 2025 | In contract | - | |
| In contract | |||
| Feb 27, 2025 | Listed by Keller Williams Elite Realty | $770,000 | |
| Listed by Keller Williams Elite Realty | |||
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OPEN HOUSE: Saturday 3-5pm, Sunday 2-4pm. Nestled on a serene 3-acre wooded lot in the Oak Crest neighborhood, this custom-
built, one-level brick home features 4 bedrooms and 3 bathrooms within its 3,200
square feet of living space. Upon entering, you are greeted by a spacious foyer with
high ceilings, leading to a family room adorned with a wall of windows that invite
abundant sunlight. A double-sided fireplace enhances the ambiance, serving the
family room and the adjacent kitchen and breakfast area. Beautiful hardwood
floors extend throughout the first floor. The primary suite offers a tranquil retreat
with a private bath featuring a double vanity, a walk-in tile shower and large walk-
in closet. Three additional bedrooms and two full bathrooms are situated on the
main level. The walk-out finished basement provides versatile space for a bonus
room, den, or office, and includes ample storage space. A spacious deck allows for
comfortable outdoor enjoyment. Recent upgrades include a whole house
generator, water treatment system, new wood flooring in all bedrooms, new LVP
flooring in lower level and new shed. Only minutes to downtown Chapel Hill and
the University. Enjoy nature and privacy in your own backyard with proximity to everything Orange County has to offer!
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| Feb 28, 2023 | Sold | ||
| Sold | |||
| Aug 27, 2022 | Listed by RE/MAX United | $695,000 | |
| Listed by RE/MAX United | |||
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Exceptional one level custom-built home on private 3 acres! Open and bright floor plan overlooking forested views. Custom features include: sunken FM with wall of windows, Hdwd Flrs, vaulted & tray ceilings, huge master suite w/sitting RM, gourmet eat-in kitchen, built-ins, double sided gas fireplace, large attic w/possible room for expansion, lots of storage space & plenty of closets, den/office or guest RM in the basement, oversized garage, circular driveway, additional covered storage under the deck. Minutes to Southern Village,15/501, Carrboro downtown, shopping, parks & walking trails, easy drive to Jordan Lake & UNC.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017