106 Mayfield 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%.
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 |
|---|---|---|---|
| Dec 2, 2022 | Sold | ||
| Sold | |||
| Nov 5, 2022 | Listed by RE/MAX Signature | $825,000 | |
| Listed by RE/MAX Signature | |||
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|
EXCEPTIONAL EXECUTIVE HOME in Woodforest's master planned golf course community! GATED section on oversized lot, pool with waterfalls, spa, outdoor kitchen, gas firepit & expansive covered patio. Other features: full home generator, spray foam insulation, 3 car tandem garage, plantation shutters, wood-look tile & soaring ceilings throughout. This open-concept floor plan showcases a study with custom shelving, fully equipped media room, surround sound inside and out, and en-suite baths in each bedroom. Stunning kitchen boasts high end finishes: sub zero fridge, GE monogram gas cooktop, double ovens, double stacked upper cabinets with lighting & oversized kitchen island. Wine grotto with iron door, tiled fireplace surrounded with custom wall feature & wood beams in living room & kitchen/dining areas. Elegant primary has custom stained wood barrel ceiling and oversized walk-in custom closet. Bath has custom tile, marble counters, soaking tub & expansive walk-in shower. A must see
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| Aug 1, 2022 | Sold | ||
| Sold | |||
| May 14, 2022 | Listed by RE/MAX Signature | $825,000 | |
| Listed by RE/MAX Signature | |||
| | |||
|
EXCEPTIONAL EXECUTIVE HOME in Woodforest's master planned golf course community! GATED section on oversized lot, pool with waterfalls, spa, outdoor kitchen, gas firepit & expansive covered patio. Other features: full home generator, spray foam insulation, 3 car tandem garage, plantation shutters, wood-look tile & soaring ceilings throughout. This open-concept floor plan showcases a study with custom shelving, fully equipped media room, surround sound inside and out, and en-suite baths in each bedroom. Stunning kitchen boasts high end finishes: sub zero fridge, GE monogram gas cooktop, double ovens, double stacked upper cabinets with lighting & oversized kitchen island. Wine grotto with iron door, tiled fireplace surrounded with custom wall feature & wood beams in living room & kitchen/dining areas. Elegant primary has custom stained wood barrel ceiling and oversized walk-in custom closet. Bath has custom tile, marble counters, soaking tub & expansive walk-in shower. A must see
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About Montgomery
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Last Updated: 4 months ago
Data Source: HAR , MLS# 8006303
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