718 Oahu Loop
About This Property
This modern new build offers the highly sought-after open floor plan with 4 bedrooms, 2 beautiful baths and spacious living-dining-kitchen concept. The living room offers high ceilings, wood floors and flows effortlessly into the well-appointed kitchen. The open kitchen offers granite countertops, decorative lighting, plenty of cabinetry for storage and a large island. The owners suite offers a large walk in closet and a beautiful restroom with granite countertops and his and her sinks. The outdoor experience is all encompassing with a patio, privacy fence all around the backyard, private access and boat ramp to Cedar Creek Lake. Close shopping, restaurants and conveniently located just blocks off highway274.
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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 |
|---|---|---|---|
| Apr 21, 2023 | Sold | ||
| Sold | |||
| Dec 30, 2022 | No longer available | - | |
| No longer available | |||
| Dec 12, 2022 | Listed by Duran & Co. Realty Group, LLC | $269,900 | |
| Listed by Duran & Co. Realty Group, LLC | |||
| Dec 4, 2022 | No longer available | - | |
| No longer available | |||
| Oct 23, 2022 | Listed by BlueMark LLC. | $285,000 | |
| Listed by BlueMark LLC. | |||
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New build in Paradise Bay! Modern home offers 4 bedrooms, 2 full baths, open concept, decorative light throughout, granite counter tops, granite bathroom vanities, custom cabinets, hard wood floors, covered front porch, covered patio, privacy fence, subdivision offers boat ramp and parks all year round, minutes to lake, shopping and dining! The manager has listed the unit size as 1846 square feet.
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20219514
Details provided by NTREIS and may not match the public record
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