5804 Red Oak 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 |
|---|---|---|---|
| Oct 6, 2023 | Sold | ||
| Sold | |||
| Aug 8, 2023 | Listed by Villager Realty | $639,000 | |
| Listed by Villager Realty | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Oct 2, 2020 | In contract | - | |
| In contract | |||
| Sep 24, 2020 | Listed | $415,000 | |
| Listed | |||
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This is your chance to own this exquisite home in popular White Oak subdivision! You'll be wowed as you drive up the recently sealed, long driveway and see the brick facade. You'll be just as impressed as you're greeted by a 2-story foyer drenched in sunlight which helps the neutral paint colors shine and is gleaming off the recently updated premium laminate flooring. A room with crown molding and recessed lighting currently used as an office space is perfect for working from home, away from all the noise is ready for you, as is a full bedroom on the main floor right next to a bathroom. The family room will dazzle you with its soaring ceilings and a fireplace at its center with large beautiful windows on each side! The flow is perfect into the open kitchen with 42" cabinets, stainless steel appliances with a new dishwasher, granite countertops, an island and a spacious pantry custom built by "Closet by Design" you'll appreciate. The primary bedroom is large and can fit your own King size bed set with plenty of space left over, two walk in closets you'll fall in love with also built by "Closet by Design", and your own bathroom suite with a soaker tub and separate shower. Three additional spacious bedrooms also with closets built by "Closet by Design" complete the 2nd floor. The English basement is finished beautifully and features an additional room that can be used as a bedroom, office, etc., a premium dropped ceiling, a full bathroom, space for a play area, plenty of storage and a theater set up perfect for a movie, TV or sports enthusiast! The backyard has plenty of space to make your own and enjoy all year long. The garage comes with myQ that can be accessed by an app and also has an EV outlet that can be used for a Tesla. Conveniently located to shopping, dining, entertainment, major expressway, parks....this home has it all! The manager has listed the unit size as 4068 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017