2924 Mountain Ave Avenue
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 9, 2025 | Sold | ||
| Sold | |||
| May 3, 2025 | In contract | - | |
| In contract | |||
| May 2, 2025 | Price Decreased |
$219,990
↓ $10K
(4.4%) | |
| Price Decreased | |||
| Apr 22, 2025 | Listed by Homes4salestore | $229,990 | |
| Listed by Homes4salestore | |||
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3 bedrooms 2 bath Gem with Franklin Mountain views. located in a quiet and peaceful neighborhood with office/graft bonus room, living dining combo, hardwood floors, updated bathroom. electric iron gate with remote control for Alley entry, security iron front gate, equipped with newer refrigerated A/C units (2) updated electrical, new exterior paint, perfect for those seeking multi living possibilities, property comes with 2 kitchenettes, 2 living areas. Call me for more information or to schedule your appointment.
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| Apr 12, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017