8031 Oakwood Trace
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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 |
|---|---|---|---|
| Sep 21, 2022 | Sold | ||
| Sold | |||
| Jul 28, 2022 | Listed by RE/MAX Signature | $380,000 | |
| Listed by RE/MAX Signature | |||
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MODERN. CHIC & STYLISH!!! Spacious 2-story sanctuary nestled in gated community of Oakwood Forest. Easy access to 290 & minutes from Downtown! Polished entry w crystal door & elegant black staircase. Light & bright w tons of windows. Integrated w Google tech for seamless lighting & temp control. Wood floors. Spacious living w built-ins & cozy gas fireplace w mantle. Dining room off kitchen w tray ceiling & sunroom views. Island Kitchen w Saltillo tile floors, brkfst bar, pro-style gas cooktop, quartz/butcher block counters, tons of storage, subway tile backsplash & breakfast area. Large primary bedroom up w towering ceilings & ensuite offering jetted tub, oversized separate shower, built-ins, dual vanities & HUGE walk-in closet. Spacious secondary bedrooms w Jack & Jill bath. Stately full-size office/study w French Doors, built-in desk, & cabinetry. Large game room w wet bar. Enclosed sunroom. Backyard w pavers, green space, beautifully updated fence w lighting & mature trees.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017