3280 Blue Mountain 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 |
|---|---|---|---|
| Oct 3, 2024 | Sold | ||
| Sold | |||
| Sep 20, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | Listed by Coldwell Banker Realty | $1,038,888 | |
| Listed by Coldwell Banker Realty | |||
| Feb 2, 2021 | Sold | ||
| Sold | |||
| Dec 21, 2020 | Listed by Intero Real Estate Services | $799,888 | |
| Listed by Intero Real Estate Services | |||
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Wonderful starter home & investment property closer to parks, indoor mall, shopping centers & 20 minutes drive to Downtown SJ. Current owners have made several improvements to the property, Central HVAC, fireplace, Pelican water softener & filtration system, tankless water heater, painted interior & fence, outdoor patio, outdoor shed for storage, double pane windows, Nest Thermostat & Nest CO2 detectors, Pergo flooring for bedrooms, recessed lighting throughout the house, LED lights controlled with Amazon Alexa (not included), ceiling fan in living room and EV 220 Volt charger hookup in garage. There is a 10x12 ft single door storage shed with built in windows for natural lights for your tools and extra storage. Spacious two-car garage with washer and dryer hookups. Low maintenance backyard has covered patio and plenty of open space for kids to play and for family entertainments. 10 minutes drive to Gurudwara Sahib. See 3D Tour: https://my.matterport.com/show/?m=Xe4SeM8MUYy.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017