7 Oak Ridge Dr #1
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 |
|---|---|---|---|
| Apr 16, 2007 | Sold | ||
| Sold | |||
| Jan 28, 2007 | Listed by William Raveis R.E. & Home Services | $310,000 | |
| Listed by William Raveis R.E. & Home Services | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/21/2018
|
2 Bed
|
2 Bath
|
1930 ft²
|
$295,000
2 Bed
2 Bath
1930 ft²
|
$296,000
+0.34%
09/28/2018
|
Kevin Bilafer
Realty Executives Boston West
| |
|
04/21/2015
|
3 Bed
|
2 Bath
|
1930 ft²
|
$275,000
3 Bed
2 Bath
1930 ft²
|
$269,500
-2.00%
09/21/2015
|
Marilyn Messenger
Realty Executives Boston West
| |
|
01/04/2010
|
2 Bed
|
2 Bath
|
2000 ft²
|
$276,900
2 Bed
2 Bath
2000 ft²
|
$268,900
-2.89%
02/26/2010
|
Nancy Hayes
Countryside Realty
| |
|
06/21/2007
|
2 Bed
|
1 Bath
|
1525 ft²
|
$279,900
2 Bed
1 Bath
1525 ft²
|
$275,000
-1.75%
08/01/2007
|
Beverly Rubin
Coldwell Banker Residential Brokerage - Sudbury
| |
|
01/28/2007
|
2 Bed
|
2 Bath
|
1525 ft²
|
$310,000
2 Bed
2 Bath
1525 ft²
|
$305,000
-1.61%
04/16/2007
|
Marilyn Messenger
Realty Executives Boston West
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017