716 OAK Street
About This Property
Key Features & Upgrades:
Open and functional layout
Spacious primary retreat with a walk-in closet/dressing room and updated en-suite bath.
Brand-New Kitchen - Fully renovated with new cabinets, quartz countertops, and stainless steel appliances.
Updated Bathrooms
Major System Upgrades (2022):
New Roof
HVAC Improvements - One new HVAC unit and all-new ductwork.
New Windows & Doors
New Well Pump & Yard Irrigation System
Interior & Exterior Enhancements:
New Flooring - LVP, installed throughout the home.
Fresh Paint - Interior & exterior
Updated Landscaping
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017