703 Oak Point 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 |
|---|---|---|---|
| Dec 13, 2023 | Sold | ||
| Sold | |||
| Nov 16, 2023 | In contract | - | |
| In contract | |||
| Sep 21, 2023 | Listed by Hometown Homes Realty MA LLC | $300,000 | |
| Listed by Hometown Homes Realty MA LLC | |||
| Mar 27, 2017 | Sold | ||
| Sold | |||
| Feb 22, 2017 | Listed by Redlon Realty LLC | $209,900 | |
| Listed by Redlon Realty LLC | |||
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New Home for the New Year! Located on one of the nicer lots at Oak Point, which abuts conservation land! This "Princeton" style home offers a brand new roof with 30 year architectural shingles with transferable warranty to the new owners! Brand new carpeting, fresh paint throughout and new garage door. Three bedrooms, two full baths, central air, vaulted ceilings, double closets in master bedroom, slider to rear deck and an attached garage with a side entry to your future home. For those 55 or better, Oak Point is one of the most desirable adult communities offering numerous activities, club house, fitness center, tennis courts, multiple pools and so much more! Enjoy as many or as little activities as you wish. Homes at Oak Point are on "leased land" with no real estate taxes. Current monthly fee is $515 and subject to change. Fee includes: land rent, snow removal, lawn maintenance, trash removal, use of all of the facilities and activities offered at Oak Point. Make this home yours!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017