703 Oak 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 |
|---|---|---|---|
| Jul 27, 2021 | Sold | ||
| Sold | |||
| May 25, 2021 | Listed by KW Thrive Santa Cruz | $1,295,000 | |
| Listed by KW Thrive Santa Cruz | |||
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Charming and quaint, this 1940s property is the perfect weekend escape. Located just a few blocks from the iconic Capitola Village this 2 bedroom, 1 bathroom cottage has been well maintained and features updates that include vinyl plank flooring throughout, new quartz countertops, and a newly tiled walk-in shower. Outside in your private backyard enjoy a BBQ on the patio, relaxing in a hammock on your low-maintenance artificial turf or rinse off from a surf sesh in the outdoor shower. The detached office and laundry rooms afford extra living and storage space. Weekend mornings enjoy the short 2-minute walk away to the famous Gayle's Bakery before you stroll through Capitola Village. Meanwhile, everyday conveniences can be found nearby on 41st and Bay Avenues while fine-dining at Shadowbrook Restaurant is just a short distance away. This property would be great for someone looking to plant their roots here or someone looking for that perfect Capitola get-away!
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| Jun 26, 2018 | Sold | ||
| Sold | |||
| May 30, 2018 | Listed by Flat Rate Realty | $899,000 | |
| Listed by Flat Rate Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017