12616 Mustang Dr
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 19, 2019 | Sold | ||
| Sold | |||
| Jan 10, 2019 | Listed by Redfin Corporation | $618,000 | |
| Listed by Redfin Corporation | |||
| Dec 9, 2018 | No longer available | - | |
| No longer available | |||
| Nov 8, 2018 | Listed | $639,900 | |
| Listed | |||
| | |||
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Welcome Home! This beautifully upgraded property features an open floor plan, solar system, updated bathrooms, fresh neutral paint with crisp white trim, plantation shutters, recessed lighting, new carpet in the bedrooms, tile flooring throughout the main living areas, and newer vinyl windows that bask the home in an abundance of natural light. The manager has listed the unit size as 1104 square feet.
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| Aug 8, 2017 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017