971 Oak Terrace Drive
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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%.
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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 17, 2022 | Sold | ||
| Sold | |||
| Oct 14, 2022 | Listed by NextHome Realty Center | $260,000 | |
| Listed by NextHome Realty Center | |||
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Welcome to your NextHome! The open floorplan lends itself to the ideal entertaining space with high ceilings, large living area and a formal dining room. This home boasts 4 bedrooms and 2 full baths with a bonus flex space. This spacious single story home is within walking distance to Willis HS!
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| Apr 5, 2021 | Sold | ||
| Sold | |||
| Jul 18, 2020 | Listed by Abby Realty | $225,000 | |
| Listed by Abby Realty | |||
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Family-friendly & spacious, open floor plan home in Willis, within walking distance to Willis HS. This home boasts 4 bedrooms, with a bonus flex room currently used as the 5th bedroom and 2 full baths. Walk into the home to find high ceilings that lead you into the spacious living area, with a formal dining room adjacent designed for entertaining. The spacious kitchen, with newly painted cabinets and new oven, opens into the breakfast area that allows sunlight from the back yard. The primary bedroom retreat offers a spacious walk-in closet with separate tub and dual sinks. Three additional bedrooms with generous closets and a guest bath with tub and shower. Spacious utility room that leads into the 5th bedroom/flex room that was transformed from half of the garage. Remainder of the garage is being used as a work-out area. This space has multiple uses or could be transformed back into a full two car garage. Please watch the video and 3D Tour for your private tour of this home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017