765 Oakridge Road
About This Property
The main level flows beautifully and includes a dining room and two comfortable living areas--perfect for both relaxing and entertaining. Sliding doors open to the back deck, creating a great space to enjoy the outdoors.
The home also features an extra-large two-car garage, offering plenty of room for parking and storage. Upstairs, you'll find three nicely sized bedrooms and two full bathrooms. The basement includes a finished bonus area along with an additional bathroom, providing flexible space for a rec room, guest area or home office.
Major updates include a new A/C, furnace, and water heater--all replaced within the last five years. Schedule your showing and come take a look!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017