8379 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 |
|---|---|---|---|
| Jul 22, 2013 | Sold | ||
| Sold | |||
| May 30, 2013 | Listed by Berkshire Hathaway HomeServices Michigan Real Estate | $129,900 | |
| Listed by Berkshire Hathaway HomeServices Michigan Real Estate | |||
| May 13, 2013 | Listed by Berkshire Hathaway HomeServices Michigan Real Estate | $139,900 | |
| Listed by Berkshire Hathaway HomeServices Michigan Real Estate | |||
| | |||
|
4 bed, 1.5 bath, move in condition, Quad level, channel front home. 2 car attached garage in front and 1 car attached garage and work shop around the back. Fresh paint throughout, new carpet throughout, new linoleum, freshly stained hardwoods and new light fixtures make this home move in condition. Freddie Mac First Look program (seller will consider owner occupant offers only for the 1st 15 days of the listing.) expires 3/19/2013. Minimum EMD=$1,000 Please submit proof of funds or prequalification letter with all offers. Seller may credit home owner occupant up to $500 at closing for a home warranty of the buyers choice. Call Linda Powers today @ 269-209-4136 for more information.
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| Mar 1, 2013 | Listed by Berkshire Hathaway HomeServices Michigan Real Estate | $154,900 | |
| Listed by Berkshire Hathaway HomeServices Michigan Real Estate | |||
| | |||
|
4 bed, 1.5 bath, move in condition, Quad level, channel front home. 2 car attached garage in front and 1 car attached garage and work shop around the back. Fresh paint throughout, new carpet throughout, new linoleum, freshly stained hardwoods and new light fixtures make this home move in condition. Freddie Mac First Look program (seller will consider owner occupant offers only for the 1st 15 days of the listing.) expires 3/19/2013. Minimum EMD=$1,000 Please submit proof of funds or prequalification letter with al offers. Seller may credit home owner occupant up to $500 at closing for a home warranty of the buyers choice. Call Linda Powers today @ 269-209-4136 for more information.
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| Aug 28, 1997 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017