87 Oakplace Road
About This Property
Tucked at the end of a peaceful cul-de-sac, this beautifully updated home is the kind of hidden gem that rarely hits the market. With bay glimpses from the backyard and a brand-new roof, it's move-in ready and full of charm. The water heater is a brand new 2025 unit and the HVAC was replaced in 2023! Inside you'll find gorgeous wood floors throughout, no carpet in sight!
The layout is a winner: split bedrooms for extra privacy, a spacious living room with a cozy wood-burning fireplace, and French doors that open to a bright and airy Florida room-perfect for morning coffee, game nights, or just relaxing year-round.
The kitchen is ready for your inner chef, with new appliances, a central island, a roomy pantry, and tons of counter space There's also a breakfast nook, formal dining room, and a bonus flex space that works great as an office, playroom, or creative studio.
The primary suite feels like your own private retreat, featuring a jetted tub, dual sinks, and a walk-in shower. Two additional bedrooms share a full bath, and there's a fourth bedroom with its own ensuiteideal for guests, teens, or in-laws.
Step out back and enjoy the large yard with space to spread out, garden, or just soak in the quiet surroundings. Plenty of room for a structure or a pool!
This one checks all the boxes: space, style, location, and updates. Come see it for yourself, you'll feel right at home!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 26, 2025 | Sold | ||
| Sold | |||
| Nov 22, 2025 | In contract | - | |
| In contract | |||
| Oct 9, 2025 | Price Decreased |
$446,500
↓ $1K
(0.2%) | |
| Price Decreased | |||
| Sep 30, 2025 | Price Decreased |
$447,500
↓ $3K
(0.6%) | |
| Price Decreased | |||
| Jul 25, 2025 | Listed by The Premier Property Group | $450,000 | |
| Listed by The Premier Property Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017