5705 Oak Point 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 |
|---|---|---|---|
| Jun 15, 2020 | Sold | ||
| Sold | |||
| Feb 6, 2020 | Listed by Realty Executives Metro South | $305,000 | |
| Listed by Realty Executives Metro South | |||
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Will Review offers Tues. Feb 11 by 5:00 . Chatham model with an open floor plan with livingroom, dining room and kitchen. The kitchen has tile flooring, stainless look appliances and Corian countertops. There are 2 full baths and 3 bedrooms (1 being used as a den). The master bedroom has a large walk-in closet, a master bath with soaking tub and separate shower. Enjoy nature in the beautiful three season room that has a gas stove to take the chill off. Private back deck for grilling and watching the wildlife. The seller paid an upcharge to have this private lot that abuts conservation acreage. The back yard feels like your typical country home. Includes a 2 car insulated garage and separate shed. New roof 2019. Association fee covers Oak Point's outstanding resort style amenities, land lease fees, sewer fees, rubbish pick up, lawn mowing and treatments, spring and fall trimming new growth, snow removal, real estate taxes. Plenty of events to keep you busy or simply relax.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017