61 Oak Lane
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 |
|---|---|---|---|
| May 10, 2024 | Sold | ||
| Sold | |||
| Apr 5, 2024 | In contract | - | |
| In contract | |||
| Feb 12, 2024 | Listed by Howard Hanna Rand Realty | $279,000 | |
| Listed by Howard Hanna Rand Realty | |||
| | |||
|
Move right in to this completely renovated ranch home on almost half an acre, in a quiet neighborhood with minimal traffic. Spacious one level living with lots of natural light throughout! All new appliances, granite countertops, cabinets, and LVP flooring give the kitchen a modern look. Three nicely sized bedrooms have carpeting for warmth and comfort. Classic hardwood oak in the LR, bright bathroom with tiled shower and double sinks. Not one but two porches to enjoy! Front porch is perfect for rocking chairs and relaxing and the back porch is perfect for grilling and entertaining as it is right off the kitchen. Off street parking is convenient with a long driveway for several cars on a nice corner lot. Close to all amenities; shopping, restaurants, Thruway, and Rhinecliff Bridge. Nothing to do but move in to your new home and start making memories!
| |||
| Feb 6, 2024 | Delisted | - | |
| Delisted | |||
| Jul 12, 2023 | Listed by Howard Hanna Rand Realty | $279,000 | |
| Listed by Howard Hanna Rand Realty | |||
| | |||
|
Move right in to this completely renovated ranch home in a quiet neighborhood with minimal traffic. Spacious one level living with lots of natural light throughout! Not one but two porches to enjoy! Front porch is perfect for rocking chairs and relaxing and the back porch is perfect for grilling and entertaining as it is right off the kitchen. All new appliances, granite countertops, cabinets, and LVP flooring give a modern look. Three nicely sized bedrooms have carpeting for warmth and comfort. Classic hardwood oak in the LR, bright bathroom with tiled shower and double sinks. Long drive for several cars on a nice corner lot with entrance on both sides. Close to all amenities; shopping, restaurants, Thruway, and Rhinecliff Bridge. Nothing to do but move in to your new home and start making memories! A/O 7/20/2023
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017