873 Oak Manor CIRCLE
About This Property
The interior of the home features an open floor plan that encourages a fluid living space, perfect for both entertaining and daily life. The kitchen, often considered the heart of the home, doesn't disappoint with its modern stone countertops and new cabinets. These features not only offer aesthetic appeal but also provide practical benefits, such as durability and ample storage. Vaulted ceilings enhance the sense of spaciousness throughout the home, complemented by abundant natural light that creates a warm and welcoming atmosphere. This architectural choice not only adds an element of grandeur but also optimizes the interior space, making it feel larger and more open.
Outside, the property continues to deliver with its practical and leisure features. A two-car garage offers ample space for vehicles and storage, addressing the practical needs of homeowners. The inclusion of an inside laundry room adds a layer of convenience, underscoring the home's thoughtful design. For those who enjoy outdoor living, the rear covered patio presents a perfect setting for relaxation and entertainment, allowing residents to enjoy the outdoors in comfort. This home, with its blend of essential upgrades and desirable amenities, represents an attractive opportunity for anyone looking to invest in a property that promises comfort, convenience, and style.
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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 |
|---|---|---|---|
| Aug 31, 2024 | Sold | ||
| Sold | |||
| Jun 13, 2024 | In contract | - | |
| In contract | |||
| May 19, 2024 | Relisted | $334,990 | |
| Relisted | |||
| Apr 10, 2024 | In contract | - | |
| In contract | |||
| Apr 8, 2024 | Listed by RE/MAX ASSURED | $334,990 | |
| Listed by RE/MAX ASSURED | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017