3216 MOUNTAIN RIDGE Drive
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 |
|---|---|---|---|
| Sep 29, 2023 | Sold | ||
| Sold | |||
| Aug 27, 2023 | Listed by Skye Brokerage | $214,500 | |
| Listed by Skye Brokerage | |||
| Sep 20, 2011 | Sold | ||
| Sold | |||
| Aug 17, 2011 | Listed by Skye Brokerage LLC | $129,900 | |
| Listed by Skye Brokerage LLC | |||
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Beauty on a Budget! Premium mountainside location near Beaumont, Military Bases, McKelligon Canyon, Wyler Tramway, Great American, and Scenic Drive. This close-in cottage is a delight. Now 2-BR, could be 3BR with a little carpentry. Formal LR (or 3rd BR), den w/fireplace, Formal DR and big kitchen w/breakfast area. Low maintenance yards w/raised planter, covered and open patios. Laundry rm. Cathedral ceilings throughout. Cheerful & bright home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017