31 Mountain Gate Road #31
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 |
|---|---|---|---|
| Oct 23, 2019 | Sold | ||
| Sold | |||
| Aug 20, 2019 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $328,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
| Jan 10, 2014 | Sold | ||
| Sold | |||
| Nov 7, 2013 | Listed by Realty Executives Boston West | $224,900 | |
| Listed by Realty Executives Boston West | |||
| | |||
|
This is the one you have been waiting for! Beautifully maintained and updated 2 bedroom 1.5 bath townhouse in Ledgemere. Open floor plan with lots of natural light. Living room has a new sliding glass door that opens out to a sun splashed deck. New recess lighting throughout the house. A ceiling speaker sound system installed in the living room and kitchen. Both bathrooms have been completely updated with new Lights, tile, countertops, toilets, tub and vanity. Big and bright eat in kitchen with updates to the cabinets and appliances. Two very spacious bedrooms on the second floor with lots of closet space. Finished lower level would be great for an office or playroom. Nothing to do but move in!
| |||
| Jan 30, 2007 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/20/2019
|
2 Bed
|
1 Bath
|
1326 ft²
|
$328,000
2 Bed
1 Bath
1326 ft²
|
$335,500
+2.29%
10/23/2019
|
Meeghan Ford
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
11/07/2013
|
2 Bed
|
2 Bath
|
1326 ft²
|
$224,900
2 Bed
2 Bath
1326 ft²
|
$222,500
-1.07%
01/10/2014
|
Nancy Leary
Realty Executives Boston West
| |
|
12/05/2006
|
2 Bed
|
2 Bath
|
1326 ft²
|
$258,500
2 Bed
2 Bath
1326 ft²
|
$235,000
-9.09%
01/30/2007
|
David Oliveri
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
11/01/2004
|
2 Bed
|
2 Bath
|
1326 ft²
|
$279,900
2 Bed
2 Bath
1326 ft²
|
$275,500
-1.57%
12/30/2004
|
Kathy Foran
Realty Executives Boston West
| |
|
10/29/2003
|
2 Bed
|
2 Bath
|
1326 ft²
|
$262,900
2 Bed
2 Bath
1326 ft²
|
$259,000
-1.48%
12/19/2003
|
Kathy Foran
Realty Executives Boston West
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017