157 Mestre PLACE
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 |
|---|---|---|---|
| Jul 18, 2022 | Sold | ||
| Sold | |||
| Jun 17, 2022 | Listed by COLDWELL BANKER REALTY | $425,000 | |
| Listed by COLDWELL BANKER REALTY | |||
| May 12, 2020 | No longer available | - | |
| No longer available | |||
| Mar 8, 2020 | Price Increased |
$249,900
↑ $4K
(1.5%) | |
| Price Increased | |||
| Jan 16, 2020 | Listed | $246,150 | |
| Listed | |||
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Outstanding 2 Bed + Den(3rd Bed?), 2 Bath, and Spacious and Deep 2 Car Garage home in the wonderful Gated Community of The Venetian Golf & River Club. This Model offers an Open Floor Plan with Formal Dining Room, Living room and Open Kitchen. The Living room has a Tray Ceiling overlooking the screened lanai and Conservation Green Belt. The Modern Kitchen has Granite Counters, Wooden Cabinets and a Closet Pantry. The Island has a Sink and Breakfast Bar. The Master bedroom has an en-suite Bath with Dual Sinks, Walk-in Closet and Glassed-in Shower with Private WC. The Den has 2 French Doors and could be used for guests. VG&RC is a gated community with an 18 hole Championship Golf Course (The golf course is NOT mandatory to join, but is available with an additional membership). Included with HOA is the heated resort style swimming pool, 3 lane lap pool, fitness center, nature trails, a raised boardwalk along the Myakka River, Tiki bar, Multiple Tennis Courts and Pro Shop. The CDD fee is included and collected in the Tax Fee. Maintenance cuts the grass for you. Buy this home with confidence, it comes with a 1 Year Home Warranty. The manager has listed the unit size as 1473 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017