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%.
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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 |
|---|---|---|---|
| Feb 27, 2013 | Sold | ||
| Sold | |||
| Jan 11, 2013 | Listed by Best Choice Realty | $214,900 | |
| Listed by Best Choice Realty | |||
| | |||
|
This is the one you have been waiting for! Beautifully maintained and updated 2 bedroom 1.5 bath townhouse in Ledgemere that has it all. Open floor plan with fire placed living room with lots of natural light. The chef's kitchen has all the bells and whistles with granite countertops, stainless steel appliances, new cabinets and a built in breakfast bar with granite as well. Freshly painted and brand new carpet just put in upstairs. Two very spacious bedrooms upstairs with lots of closet space.
| |||
| Mar 29, 2006 | Sold | ||
| Sold | |||
| Jan 12, 2006 | Listed by Oak Realty | $282,900 | |
| Listed by Oak Realty | |||
| 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