701 Old Oxford 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 |
|---|---|---|---|
| Jan 25, 2019 | Sold | ||
| Sold | |||
| Aug 9, 2018 | Listed by Coldwell Banker Advantage | $68,900 | |
| Listed by Coldwell Banker Advantage | |||
| Jul 18, 2018 | Sold | ||
| Sold | |||
| Sep 11, 2015 | Sold | ||
| Sold | |||
| Jan 16, 2015 | Listed by My NC Homes | $49,000 | |
| Listed by My NC Homes | |||
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Great opportunity for either an investor or a first time, do-it-yourself-er, home buyer. Cute bungalow that needs some TLC but has had may recent improvements including a new roof, windows replaced, electrical upgraded, and the exterior painted. At this price it will be easy to complete the interior upgrades and either get it rented or build up some homeowner sweat equity. Wood floors, fireplace, classic trim work and doors, fenced back yard, shed. Easy access to Durham, RTP, RDU, and Brier Creek.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017