706 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 |
|---|---|---|---|
| Dec 12, 2023 | Sold | ||
| Sold | |||
| Oct 5, 2023 | Listed by Tootie Kelly Real Estate | $38,950 | |
| Listed by Tootie Kelly Real Estate | |||
| | |||
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A RARE FIND 2.75 ACRES SOME OF THE PROPERTY IS INSIDE CITY LIMITS COVERED IN TREES.IT HAS LARGE OAKS AND BIG MESQUITE GOOD ROADS JUST MINUTES FROM TOWN AND SCHOOL. PROPERTY HAS UTILITIES AVAILABLE. THERE IS AN OLD HOUSE ON PROPERTY THAT NEED A LOT OF WORK OR BE DISASSEMBLED.
| |||
| Apr 6, 2020 | Sold | ||
| Sold | |||
| Mar 14, 2020 | Listed by Cirque Real Estate, LLC | $15,000 | |
| Listed by Cirque Real Estate, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017