61B Oak Ridge Road
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 |
|---|---|---|---|
| Feb 22, 2008 | Sold | ||
| Sold | |||
| Jul 23, 2007 | Listed by Mayflower Realty Group | $450,000 | |
| Listed by Mayflower Realty Group | |||
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No Builder tie in. Beautiful 6+ acre lot on a paved shared driveway. This lot is ready to go - utilities to site, well is in, 5 Bdrm septic design approved and in hand. The lot is cleared and excavated. Existing custom home plans are available with possible builder tie in, if desired.
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| Jun 6, 2003 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017