12039 Mountbatten DRIVE
About This Property
Step outside to discover a partially covered outdoor area adorned with beautiful pavers, creating an inviting space for relaxation or entertainment. An additional electric awning offers extra shade, making the fenced backyard a perfect spot for gatherings or simply enjoying a quiet afternoon. Pefect spot to add a pool. The home is complemented by a three-car garage equipped with hanging storage racks, providing ample space for vehicles and additional storage needs. A new roof was installed in 2018, as well as HVAC system in 2018, and a gas water heater in 2017, ensuring that the home's essential systems are up-to-date and efficient. The property also features an irrigation system, maintaining the landscaped yard with ease. Located in a gated community, this home offers both security and peace of mind. Residents enjoy proximity to major airports and a wealth of shopping options, making travel and daily errands effortless. Freshly painted interiors add a touch of freshness and modernity, ready for you to move in and make it your own. This property exemplifies refined living in a prime location, with all the amenities and features one could desire. Don't miss the opportunity to own this remarkable home.
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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 30, 2024 | Sold | ||
| Sold | |||
| Nov 25, 2024 | In contract | - | |
| In contract | |||
| Oct 25, 2024 | Price Decreased |
$699,999
↓ $20K
(2.8%) | |
| Price Decreased | |||
| Sep 19, 2024 | Price Decreased |
$720,000
↓ $29K
(3.9%) | |
| Price Decreased | |||
| Sep 6, 2024 | Price Decreased |
$749,000
↓ $31K
(4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017