8406 Oak Knot Court
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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 16, 2023 | Sold | ||
| Sold | |||
| Sep 15, 2023 | Listed by Erwing Realty | $319,900 | |
| Listed by Erwing Realty | |||
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Beautiful cul-de-sac home in gated community with huge back yard! Well maintained by original owners. Wonderful open floor plan with high 10' ceilings and lots of natural light. Flexible front room can be used as home office or a formal dining room. Large kitchen island for plenty of seating and perfect for entertaining. Spacious covered patio overlooking enormous back yard. A/C unit replaced in June, 2023.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017