227 Mohon 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 |
|---|---|---|---|
| Jun 29, 2023 | Sold | ||
| Sold | |||
| Jan 12, 2023 | Listed by Bosque Real Estate Inc | $289,900 | |
| Listed by Bosque Real Estate Inc | |||
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TWO SHOPS! #1: 30x32 has 8x16 & 10x10 doors, 220 electric.#2: 14x30, 7x9 door, 110 electric.& carport! Across the street from Lake! Flexible floor plan as 3 bedrooms or use floor plan with second living & 2 bedrooms! Spacious living area creates inviting for family & friends year round Whole wall fireplace with updated German Smear finish sets the room. screened in front porch. Back yard Fire pit, spacious covered deck & space to set up a grill or whole outdoor kitchen. Use year round & feel like the vacation will not end. There is additional space to park RV, Boats & more. Save storage fees have toys & work areas all within your own property. Over 1 third acre. Lake access can be reached with short path behind the house. 5 minutes to park and boat launch. 7 min to shopping, restaurants and schools. Co-op h20 & electric. 2 yr mini splits and updates through out. Come take a look. Be ready to find a great retirement spot or second home
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| Nov 13, 2020 | Sold | ||
| Sold | |||
| Sep 11, 2020 | Listed by Bosque Real Estate Inc | $219,000 | |
| Listed by Bosque Real Estate Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017