7701 Oak Point 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 |
|---|---|---|---|
| Oct 15, 2021 | Sold | ||
| Sold | |||
| Aug 4, 2021 | Listed by Boston Connect Real Estate | $325,000 | |
| Listed by Boston Connect Real Estate | |||
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Welcome to Oak Point. BACK ON MARKETdue to buyers home not selling. This Chatham model includes a lovely 3-season room, and a 1 car garage. Fresh interior paint, ceilings, walls and trim. New carpeting just installed. Roof, furnace and a/c new in last 2-3 years. Large master suite with walk-in closet and large bath. Split floorplan with 2 guest bedrooms. Refrigerator and washer & dryer included. Oak Point lease includes land lease, taxes, sewer, trash removal, snow removal to your door, lawn care, bark mulching, and shrub trimming. Park facilities include 3 heated pools, (1 indoor) 2 spas, Tennis Courts, Bocce Ball, Pickle Ball, Shuffle Board, Ball Room that seats 500, full Gymnasium, Fitness Room with extensive equipment, Billiards Room, Craft Room, Library, and much more. Social director plans ~75 activites a month. Park fee increases limited to CPI used for social security. You pay NO PROPERTY TAXES EVER! Come live in a resort-like community and save money!
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| May 26, 2010 | Sold | ||
| Sold | |||
| Feb 21, 2010 | Listed by Pinehills Brokerage Services LLC | $234,900 | |
| Listed by Pinehills Brokerage Services LLC | |||
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COMBINE THE BEST OF BOTH WORLDS - Newer home in Beautiful OAK POINT 55+ subdivision with all the bells and whistles of a resort community! Open floor plan ranch is ready to occupy and value priced. New Paint and carpet. Enjoy cooking in your oversized custom kitchen with w/built in desk and computer area. Seller just invested $20,000 in a REDESIGNED MASTER BATH WITH OVERSIZED STEP-IN SHOWER AND 3 SEASON PORCH WITH ATTACHED DECK!! Enjoy the extras w/o the price.
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| Nov 2, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017