1008 Tall Oaks Drive, Midwest City, OK 73110
SINGLE_FAMILY - Other - Midwest City, OK
Property Features for 1008 Tall Oaks Drive
General Information
Utilities
Building Details
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Investment Insights
Based on property information with market context.
The home is positioned near essential daily amenities, with proximity to a hospital, schools, grocery, restaurants, shopping, interstates, and a library. The property also connects to a community walking trail that leads to the city park, accessible from the backyard.
Outside, the home offers tons of landscaping and a nice-sized back yard, providing private outdoor space directly off the covered patio and deck.
Key Highlights
- 2 bed, 2 bath half duplex built in 1983
- Huge covered back patio with a wood deck and a nice‑size backyard
- Primary bedroom includes its own bath with shower
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $13.5k | $12.84 |
| − Vacancy | −$1.3k | −$1.27 |
| EGI | $12.2k | $11.57 |
| − OpEx | −$5.5k | −$5.21 |
| NOI | $6.7k | $6.36 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 73110, OK