147 Ballantyne Drive
About This Property
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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 |
|---|---|---|---|
| May 25, 2022 | Sold | ||
| Sold | |||
| Apr 14, 2022 | Listed by Martha Turner Sotheby's | $750,000 | |
| Listed by Martha Turner Sotheby's | |||
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Gorgeous and well maintained home in the amazing Woodforest neighborhood. Owners retreat is on the first floor with large walk-in closets and wonderful large bathroom. There is a second bedroom on the first floor with en suite full bath. Island kitchen with tons of cabinet space for storage opens to the breakfast and family room. Built in speakers will stay for the perfect media experience. Office and formal dining are off the foyer. Three bedrooms on the second floor with a large game room and additional open space for a study nook or craft area. All rooms have excellent closet space. Beautiful backyard with outdoor kitchen and covered porch is perfect for entertaining. There is plenty of room for a play set and pool. Oversized garages offer lots of extra space for storage. The single car garage could be a great flex space for a gym or workshop. The community offers first class amenities: Forest island is a resort style pool with splash pad, 15 miles of trails and 13 parks.
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Property Highlights
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017