3042 Montego Place
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 |
|---|---|---|---|
| Apr 26, 2023 | Sold | ||
| Sold | |||
| Nov 4, 2022 | Listed by Redfin Corporation | $724,900 | |
| Listed by Redfin Corporation | |||
| Oct 13, 2022 | No longer available | - | |
| No longer available | |||
| Sep 15, 2022 | Price Decreased |
$779,000
↓ $21K
(2.6%) | |
| Price Decreased | |||
| Aug 19, 2022 | Listed by Redfin Corporation | $800,000 | |
| Listed by Redfin Corporation | |||
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Beautifully maintained 2-story traditional on an oversized cul-de-sac lot with a pool in Plano! Updated front entrance patio with new stone planters. Dramatic front entrance with vaulted ceilings, stately floor-to-ceiling brick fireplace, & bank of windows showcasing the backyard. Fresh paint throughout. Cozy family room comes with a wet bar. Updated island kitchen with granite counters, slide-out cabinetry, under-counter lighting, & pantry open to the breakfast nook. Spacious primary suite features walk-in closets, separate vanities, a frameless shower, & a showstopping tub. 1 secondary bed + en-suite bath downstairs. Grand staircase leads up to 2 beds split by a Jack&Jill bath. Newly installed, brand new HVAC to service the upstairs. High-definition composite roof. Entertainers will enjoy the covered patio that overlooks the stunning pool with a diving board & large side yard with plenty of grassy areas for play. Wet bath directly accessible from the pool. Plano ISD. Move-in ready! The manager has listed the unit size as 3606 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017