3 Mountain Gate Road #3
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%.
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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 |
|---|---|---|---|
| Nov 24, 2021 | Sold | ||
| Sold | |||
| Sep 28, 2021 | Listed by Pablo Maia Realty | $350,000 | |
| Listed by Pablo Maia Realty | |||
| | |||
|
Don't miss out on the rare opportunity for a 2 car garage and flexible floor plan in the rustic setting of Ledgemere Country Condominiums. The first floor has beautiful hardwoods throughout the kitchen, dining and living rooms. A custom barn door adds charming character to the kitchen and dining area. And a deck provides additional outdoor space for entertaining. The large fire-placed master bedroom suite offers an updated bathroom and a large walk-in closet. The spacious second bedroom also has a private bath. The lower level contains the two car (side by side) garage, laundry, storage space, and utility area. Brand new HVAC and water heater in 2021. Close to shopping, restaurants, major highways and commuter rail. Nothing to do but move right in and enjoy! Showings begin Friday October 1st.
| |||
| Jul 19, 2017 | Sold | ||
| Sold | |||
| May 22, 2017 | Listed by Coldwell Banker Realty - Natick | $290,000 | |
| Listed by Coldwell Banker Realty - Natick | |||
| Oct 16, 2015 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/28/2021
|
2 Bed
|
3 Bath
|
1344 ft²
|
$350,000
2 Bed
3 Bath
1344 ft²
|
$380,000
+8.57%
11/24/2021
|
Rodrigo Azevedo
Pablo Maia Realty
| |
|
05/22/2017
|
2 Bed
|
3 Bath
|
1345 ft²
|
$290,000
2 Bed
3 Bath
1345 ft²
|
$300,000
+3.45%
07/19/2017
|
Lou Goldberg
Coldwell Banker Realty - Natick
| |
|
08/24/2015
|
2 Bed
|
3 Bath
|
1345 ft²
|
$259,000
2 Bed
3 Bath
1345 ft²
|
$250,500
-3.28%
10/16/2015
|
Ralph Miller
Miller & Associates Real Estate Co.
| |
|
09/06/2011
|
2 Bed
|
3 Bath
|
1345 ft²
|
$219,000
2 Bed
3 Bath
1345 ft²
|
$209,650
-4.27%
10/31/2011
|
Peter Liffiton
Berkshire Hathaway HomeServices Commonwealth Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017