16 Mountain Gate Rd #16
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 |
|---|---|---|---|
| Oct 13, 2021 | Sold | ||
| Sold | |||
| Aug 26, 2021 | Listed by Coldwell Banker Realty - Lynnfield | $349,900 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
| | |||
|
This is the one you have been waiting for! Beautifully maintained and fully updated 2 bedroom 2.5 bath townhouse in Ledgemere. Open floor plan with gorgeous hardwood floors in the living and dining room along with both bedrooms. New carpet was just installed on the stairs. The kitchen has been completely renovated with cabinets, backsplash, stainless steel appliances and silestone countertops. Large master suite with full bath and walk in closet. Spacious second bedroom also has its own private full bath and plenty of closet space. Easy access to restaurants, shopping, commuter rail and all major routes. Nothing to do but move in!
| |||
| Jun 29, 2017 | Sold | ||
| Sold | |||
| May 11, 2017 | Listed by RE/MAX Executive Realty | $269,900 | |
| Listed by RE/MAX Executive Realty | |||
| | |||
|
This is the one you have been waiting for! Beautifully maintained and fully updated 2 bedroom 2.5 bath townhouse in Ledgemere. Open floor plan with gorgeous hardwood floors in the living room,dining room and both bedrooms. The kitchen has been completely renovated with new cabinets, backsplash, stainless steel appliances and silestone countertops. Large master suite with full bath and walk in closet. Spacious second bedroom also has its own private full bath and plenty of closet space. Easy access to restaurants, shopping, commuter rail and all major routes. Nothing to do but move in!
| |||
| Jun 26, 2007 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/26/2021
|
2 Bed
|
3 Bath
|
1345 ft²
|
$349,900
2 Bed
3 Bath
1345 ft²
|
$380,000
+8.60%
10/13/2021
|
Matthew Gamache
Touchstone Realty
| |
|
05/11/2017
|
2 Bed
|
3 Bath
|
1345 ft²
|
$269,900
2 Bed
3 Bath
1345 ft²
|
$281,000
+4.11%
06/29/2017
|
Matthew Gamache
Touchstone Realty
| |
|
04/08/2007
|
2 Bed
|
3 Bath
|
1345 ft²
|
$249,900
2 Bed
3 Bath
1345 ft²
|
$249,900
06/26/2007
|
Adina Hoffman
Coldwell Banker Residential Brokerage - Framingham - Worcester Rd.
| |
|
06/25/2005
|
2 Bed
|
2 Bath
|
1345 ft²
|
$319,900
2 Bed
2 Bath
1345 ft²
|
$310,000
-3.09%
08/05/2005
|
Judith Rizoli
Coldwell Banker Realty - Framingham
| |
|
01/25/2004
|
2 Bed
|
2 Bath
|
1345 ft²
|
$274,900
2 Bed
2 Bath
1345 ft²
|
$269,900
-1.82%
03/02/2004
|
Diane Thomas
Coldwell Banker Residential Brokerage - Framingham
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017