21246 Montego Bay Drive
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 |
|---|---|---|---|
| Apr 30, 2026 | Price Decreased |
$304,000
↓ $6K
(1.9%) | |
| Price Decreased | |||
| Jan 20, 2026 | Listed by Mr. Sold Real Estate | $310,000 | |
| Listed by Mr. Sold Real Estate | |||
| Apr 2, 2025 | Price Decreased |
$325,000
↓ $15K
(4.4%) | |
| Price Decreased | |||
| Mar 4, 2025 | Price Decreased |
$340,000
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Feb 23, 2025 | Listed | $350,000 | |
| Listed | |||
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Discover refined living in the prestigious Marvida Community with this inviting home featuring 3 spacious bedrooms and 2 full baths. Designed for comfort and convenience, this property comes with an alarm system included in the HOA fees, ensuring your peace of mind. Ideally located, you'll enjoy close proximity to top-rated schools, grocery stores, hospitals, parks, and tennis courts, making daily living effortless. Marvida is a visionary masterplan designed for approximately 2,500 distinctive homes. It offers residents exclusive access to a roster of resort-style amenities at sister communities Miramesa, Canyon Lakes West, and Bridge Creek—ranging from clubhouses, pools, splashpads, and sports courts to expansive parks, playgrounds, and a dedicated dog park. This home provides a perfect blend of secure, modern living and leisure that tells it like it is: a smart investment in a vibrant, connected community.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017