701 Oak Creek Drive
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 |
|---|---|---|---|
| Aug 3, 2023 | Sold | ||
| Sold | |||
| Jan 26, 2023 | Listed by KW SYNERGY - Heartland | $165,000 | |
| Listed by KW SYNERGY - Heartland | |||
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A very nice double-wide home on a corner lot, with covered decks in front and back to enjoy your coffee or for watching the birds. Nice size master
bedroom and bathroom, with separate shower, garden tub and double sinks, plus two walk-in closets. Two more bedrooms for family or guests. The owners are using the 4th bedroom as an office. Home is located near the schools and has been well-maintained and cared for. House is first time set. The portable fireplaces will not convey. Sellers will not make any repairs.
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| Oct 12, 2021 | Sold | ||
| Sold | |||
| May 13, 2021 | Listed by Tootie Kelly Real Estate | $135,000 | |
| Listed by Tootie Kelly Real Estate | |||
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EXTRA NICE DOUBLE WIDE HOME ON PAVEMENT WITH DOUBLE CAR CARPORT, CENTRAL HEAT AND AIR, NEW CARPET, NEW MICROWAVE AND NEW REFRIGERATOR, NICE WOOD DECK ON FRONT AND BACK OF HOUSE, NICE PRIVACEY FENCE. STORAGE ROOM CLOSE TO SCHOOL. HOUSE HAS BEEN WELL TAKEN CARE OF ALMOST LIKE NEW. HOUSE IS FIRST TIME SET.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017