2524 Montego Bay
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 5, 2023 | Sold | ||
| Sold | |||
| Jun 6, 2023 | Listed by Resident Realty | $405,000 | |
| Listed by Resident Realty | |||
| Mar 27, 2009 | Sold | ||
| Sold | |||
| Jun 15, 2004 | Listed | $167,000 | |
| Listed | |||
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BACK ON MARKET 8/16/04!!! CONTRACT FELL THROUGH! Picture perfect! Great three bedroom, two bath ranch with main floor laundry, vaulted ceilings, central air, master bath, oversized deck perfect for entertaining and in like-new condition. Situated on an oversized lot backing up to open space. Brand new sprinkler system recently installed front/back. Great value, even better price!
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| Dec 1, 1999 | Listed | $129,950 | |
| Listed | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017