9 Oak Ave
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 |
|---|---|---|---|
| Mar 14, 2011 | Sold | ||
| Sold | |||
| Feb 18, 2010 | Listed by Buy Rite Home | $69,900 | |
| Listed by Buy Rite Home | |||
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NOT A SHORT SALE!! INVESTOR SPECIAL!! Spacious single close to local amenities. CASH OR 203K Rehab loans only!! SELLER AND BROKER MAKE NO WARRANTIES OR REPRESENTATIONS, EXPRESSED OR IMPLIED AS TO THE CONDITION OF THE PROPERTY. SOLD AS IS. NO CHANGES TO P&S OR CORPORATE ADDENDUM'S. RECEIPT OF EARNEST MONIES WITHOUT FULLY EXECUTED P&S AGREEMENT DOES NOT BIND SELLER TO CONTRACT. Seller looking for quick closing!! GREAT BUY!
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| Jan 1, 2006 | Sold | ||
| Sold | |||
| Oct 12, 2005 | Listed | $139,500 | |
| Listed | |||
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This is a Bank owned property that is being sold "AS IS". There are some structual issues that need to be addressed. First floor floor joists will needed to have some work done. Septic is only rated for 2 bedroom house. Property seems to have water rights to lake. Buyer to verify. Less than 300 yrds to lake. On dead-end street, nice neighborhood.
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| Sep 15, 2004 | Sold | ||
| Sold | |||
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