113 Mountain Gate Rd #113
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 |
|---|---|---|---|
| Jan 18, 2023 | Sold | ||
| Sold | |||
| Dec 12, 2022 | In contract | - | |
| In contract | |||
| Nov 30, 2022 | Price Decreased |
$475,000
↓ $24K
(4.8%) | |
| Price Decreased | |||
| Nov 14, 2022 | Price Increased |
$499,000
↑ $24K
(5.1%) | |
| Price Increased | |||
| Oct 27, 2022 | Listed by Vida Properties | $475,000 | |
| Listed by Vida Properties | |||
| | |||
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This spacious 3/2 townhouse has been updated from the top down with all the bells and whistles, and boy are they shiny! Some of the many updates include brand new energy efficient heat/AC units, all new Harvey windows/exterior doors w/built-in blinds, new interior doors, fully renovated baths, new hardwood/carpet/tile flooring throughout the entire unit, many electric/plumbing fixtures, and a fresh coat of paint to boot. The kitchen has been remodeled adding a breakfast bar for 2 w/granite countertops, stainless GE appliances w/gas cooking, and plenty of cabinets for all your storage needs. The two very large bedrooms on top floor include a master w/triple closets and access to the full bath. 3rd bedroom on main level could double as a large office or playroom. Private outdoor area off of the kitchen for grill season. The LL offers additional living space and one car garage. Pull down attic with plenty of storage space. Great location in the highly desirable town of Ashland, MA!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/05/2022
|
3 Bed
|
2 Bath
|
1454 ft²
|
$369,900
3 Bed
2 Bath
1454 ft²
|
$400,000
+8.14%
06/30/2022
|
Craig Morrison
Realty Executives Boston West
| |
|
01/04/2002
|
3 Bed
|
2 Bath
|
1454 ft²
|
$234,900
3 Bed
2 Bath
1454 ft²
|
$234,900
05/31/2002
|
Jerry Bluhm
RE/MAX Executive Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017