2807 Monties Lane
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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 |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Mar 29, 2024 | Listed by RE/MAX Associates of Mansfield | $549,500 | |
| Listed by RE/MAX Associates of Mansfield | |||
| Jan 17, 2024 | No longer available | - | |
| No longer available | |||
| Nov 22, 2023 | Listed by RE/MAX Associates of Arlington | $549,500 | |
| Listed by RE/MAX Associates of Arlington | |||
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This home will have you feel like you are at a resort as soon as you step outside to the oasis in the backyard! Gorgeous back patio with custom pergola, lush tropical plants & cedar trellis for flowers & vines. Enourmous heated in-ground diving pool shines bright at night with fiber optic lights & addt'l spa feature. Large yard for kids to play & wonderful dog run in the back. Backyard incl. 2 storage sheds w-electric, & a basketball court. Inside, the kitchen is a chef's dream with the Prof. Wolf gas range, pot filler, coffee bar, under cabinet lighting & Kube water purification system. This home has so much to offer - Gorgous flooring, plantation shutters, remodeled bathrooms, solid maple cabinetry in office-craft room, GAF 50 yr warranty ashphalt roof, outdoor security lighting & bubbler system around outside trees. Gamerom has 2 built in beverage coolers & custom cabinets. Many items in the home are neg. for sale, inc. the outdoor pizza oven from Italy & margarita machines. The manager has listed the unit size as 2541 square feet.
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About West Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017