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716 Oak Point
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 |
|---|---|---|---|
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jul 16, 2018 | Sold | ||
| Sold | |||
| May 15, 2018 | Relisted | $5,250,000 | |
| Relisted | |||
| Jul 8, 2017 | Listed | $5,250,000 | |
| Listed | |||
| | |||
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Spectacular Lakefront Estates In Lake Arrowhead. Magnificent Grounds W/ Layered Brick Patios Meandering Down To Waters Edge & Db Dock. Exceptional For Lg Outdoor Gatherings W/ Breathtaking Lake Views. Interior Understated & Elegant W/ Unique Architectural Elements. Gentleman's Game Lounge . 2 Professional Wet Bars. Grand Master W/ 3 Additional Bedroom Suites Plus An Entirely Sep Guest Wing W/ Kitchen, Liv Rm, 3 Bedrooms & 2.5 Baths. A 2nd Guest House W/ Lakeview. Good For Teens, Staff Or Guests The manager has listed the unit size as 7375 square feet.
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| Jun 13, 2016 | Listed by LYNNE B WILSON & ASSOCIATES | $5,250,000 | |
| Listed by LYNNE B WILSON & ASSOCIATES | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017