9 Oak Ridge Road
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 |
|---|---|---|---|
| Aug 31, 2024 | Sold | ||
| Sold | |||
| Jul 24, 2024 | In contract | - | |
| In contract | |||
| Jul 20, 2024 | Listed by Action Realty Associates | $749,900 | |
| Listed by Action Realty Associates | |||
| | |||
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Beautifully maintained and updated ranch in the highly desirable Robin Hood School District on a quiet cul de sac. The pride of ownership is evident in all aspects of this property. The property comes equipped with newer appliances such as microwave oven, dishwasher, refrigerator and washer/dryer stack. An open concept kitchen with a separate eating area, flows to the den for entertaining and creating wonderful memories around the holidays. The finished basement has a closet and its own separate bathroom and could be used as a guest bedroom, play room or office. A separate laundry room lies off of the garage for ease of entry when you need to discard dirty clothes after a day spent outside. The garage has a showroom floor finish. This property is perfect for the first time home buyer or the downsizing empty nester and is a perfect alternative to condominium living with all the restrictions and cost of condominium fees.
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| Jul 30, 2015 | Sold | ||
| Sold | |||
| Jun 3, 2015 | Listed by Action Realty Associates | $424,900 | |
| Listed by Action Realty Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017