122 Mountain Gate Rd #122
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 |
|---|---|---|---|
| Feb 27, 2013 | Sold | ||
| Sold | |||
| Jan 11, 2013 | Listed by Best Choice Realty | $214,900 | |
| Listed by Best Choice Realty | |||
| Mar 29, 2006 | Sold | ||
| Sold | |||
| Jan 12, 2006 | Listed by Oak Realty | $282,900 | |
| Listed by Oak Realty | |||
| | |||
|
NEW HARDWOOD LAMINATED FIRST FLOOR + NEW CARPET THROUGHOUT + NEW WINDOWS + NEW PAINT THROUGHOUT + NEW TILE FOYER + NEW GARAGE DOOR PANEL +
| |||
| Mar 25, 2003 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/11/2013
|
2 Bed
|
2 Bath
|
1316 ft²
|
$214,900
2 Bed
2 Bath
1316 ft²
|
$209,500
-2.51%
02/27/2013
|
Matthew Gamache
Touchstone Realty
| |
|
01/12/2006
|
2 Bed
|
1 Bath
|
1316 ft²
|
$282,900
2 Bed
1 Bath
1316 ft²
|
$287,500
+1.63%
03/29/2006
|
Steven Greenberg
Oak Realty
| |
|
01/20/2003
|
2 Bed
|
2 Bath
|
1316 ft²
|
$254,900
2 Bed
2 Bath
1316 ft²
|
$252,900
-0.78%
03/25/2003
|
Dottie Kriss
Coldwell Banker Residential Brokerage - Framingham
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017