116 Mountaingate Road #116
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%.
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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 |
|---|---|---|---|
| Jun 27, 2008 | Sold | ||
| Sold | |||
| May 22, 2008 | Listed by RE/MAX Executive Realty | $249,800 | |
| Listed by RE/MAX Executive Realty | |||
| | |||
|
Absolutely mint private townhome/Outstanding center island oak kit. w/ attractive greenhouse window for plants/ French door leads to deck for outdoor dining/ New furnace & c/air-updated neutral carpeting throughout/Spacious bedrooms with excellent closet space/Skylit staircase/Updates to baths w/new vanity & pedestal sink/Large window admits natural light to finished room in basement/Refrigerator/washer/dryer/pull down attic for storage/lovely grassed area/garage + room for extra parking.
| |||
| May 14, 2003 | Sold | ||
| Sold | |||
| Feb 25, 2003 | Listed by Coldwell Banker Realty - Framingham | $245,000 | |
| Listed by Coldwell Banker Realty - Framingham | |||
| | |||
|
SUNNY, PRIVATE SHORT"L" IN QUIET NEIGHBORHOOD/SOME ROOMS RECENTLY PAINTED/NEW GAS STOVE/CENTRAL AIR/NICELY FINISHED BASEMENT MAKES GREAT FAMILY ROOM OR OFFICE/EXTRA PARKING/OAK CABINET KITCHEN W/GREENHOUSE WINDOW & ISLAND/LARGE RM SIZES
| |||
| Aug 14, 1998 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/22/2008
|
2 Bed
|
2 Bath
|
1400 ft²
|
$249,800
2 Bed
2 Bath
1400 ft²
|
$245,000
-1.92%
06/27/2008
|
Margaret Snow Reagan
RE/MAX Executive Realty
| |
|
02/25/2003
|
2 Bed
|
2 Bath
|
1400 ft²
|
$245,000
2 Bed
2 Bath
1400 ft²
|
$253,000
+3.27%
05/14/2003
|
Maureen Eagan
Coldwell Banker Realty - Framingham
| |
|
03/31/1998
|
Loft
|
2 Bath
|
1400 ft²
|
$145,500
Loft
2 Bath
1400 ft²
|
$144,500
-0.69%
08/14/1998
|
Rosalyn Drogin
ERA Key Realty Services- Fram
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017