1670 Mowbry Lane
About This Property
The exterior has received plenty of attention, too, with new siding, a new roof, new gutters, new basement windows, a new driveway, and new front and back doors. Enjoy the added privacy of the backyard, offering space to relax or entertain. With so many updates already completed, this home is ready for its next owner! With a full-price offer, the seller will install a new furnace and AC unit prior to closing, adding even more value and peace of mind. **A pre-listing inspection has also been completed - please see the documents section.**
Please note: Per the City of Dellwood, this property cannot be used as a rental property.
Virtual 360 tour available: https://my.360tourlink.com/f4940067-9a63-4a3b-86fe-4e54197d1a0d?type=unbranded
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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 |
|---|---|---|---|
| Oct 29, 2026 | In contract | - | |
| In contract | |||
| Oct 23, 2026 | Price Change | $125,000 | |
| Price Change | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017