61 Oletree Rd
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 |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Nov 2, 2024 | In contract | - | |
| In contract | |||
| Oct 31, 2024 | Listed by William Raveis R.E. & Home Services | $739,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Bring your color schemes and make this home your own. This desirable colonial home is located at the end of a cul-de-sac on 1.76 acres. The kitchen features quartz countertops, wall oven and a double sink with French doors leading to the dining room. While the living room boasts a fireplace, and a 2nd set of French doors to the screened in porch. Upstairs, you will find 3 large bedrooms and 2 full baths, including a main bedroom with a walk-in in closet. The basement is partially finished, and the yard is fenced in with a shed. A Generac whole house generator and irrigation system adds convenience. The 24x24 oversized garage leads to kitchen for added convenience. With your personal touches this could be your dream home.
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| Mar 11, 1993 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017