701 OAK Street
About This Property
This split-level home boasts 5 beds 3.5 baths including an in-law suite on the first floor equipped with a full bath. A large formal living room with lots of natural light that opens up to the formal dining room. The kitchen offers plenty of space and includes a breakfast nook.
Upstairs you will find 4 beds including the primary w/ a full bath plus another full bath.Tons of natural light in each room.
The large den/second living room includes a wood burning fireplace and half bath that opens up to the large covered screened-in porch. The in-law suite is accessed through a small hallway right off the living room.
You won't want to miss the opportunity to own a home in this neighborhood, rarely they are for sale.
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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 4, 2025 | Sold | ||
| Sold | |||
| Mar 7, 2025 | In contract | - | |
| In contract | |||
| Mar 3, 2025 | Relisted | $749,900 | |
| Relisted | |||
| Feb 28, 2025 | In contract | - | |
| In contract | |||
| Feb 17, 2025 | Price Decreased |
$749,900
↓ $60K
(7.4%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Price/ft²
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About Beaches
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017