802 Oak Street
About This Property
Notable updates include newer Andersen windows, updated vinyl siding, and hardwood floors hiding beneath the first-floor carpeting. The second floor shines with fresh paint and newly refinished hardwood floors in a contemporary matte finish. The primary bedroom easily accommodates a king-sized bed and multiple furniture pieces, and all bedrooms feature double-wide closets for generous storage. Washer/Dryer was conveniently moves upstairs with bedrooms but you can easily move back to basement.
The unfinished basement offers room for customization, but the true standout of this property is the oversized driveway and two-car garage with high ceilings. Perfect for mechanics or hobbyists, the garage includes a vehicle pit for easy repairs and maintenance. The driveway is large enough to park a trailer, boat, or multiple vehicles.
A nicely sized yard completes the property, ideal for outdoor gatherings. Conveniently located near town, shopping, and the LIRR, this home is ready for its next chapter.
Don't miss this opportunity to own a home with great bones and incredible potential!
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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 |
|---|---|---|---|
| Mar 4, 2025 | Sold | ||
| Sold | |||
| Dec 28, 2024 | In contract | - | |
| In contract | |||
| Dec 6, 2024 | Listed by Douglas Elliman Real Estate | $699,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017