Lot 7 Oak Avenue
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 |
|---|---|---|---|
| Sep 1, 2016 | Sold | ||
| Sold | |||
| Jan 12, 2016 | Listed by Caron Real Estate | $439,900 | |
| Listed by Caron Real Estate | |||
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Construction is underway for "The Oakmont" 2472 sq. ft. colonial sited on just over an acre close to the Lunenburg school complex. Walk to the library, town center and schools. Spacious design includes kitchen, living room, dining room, fireplaced family room, half bath and master bedroom with master bath all on the first floor. Kitchen, living room and dining room will have hardwood floors, master bedroom and family room will be wall to wall carpeting.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017