369 Mountain Road
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 |
|---|---|---|---|
| Dec 27, 2023 | Sold | ||
| Sold | |||
| Dec 4, 2023 | Listed by The Mullen Realty Group, LLC | $369,900 | |
| Listed by The Mullen Realty Group, LLC | |||
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Brick Schoolhouse Reborn: Modern Charm Meets Historic Soul! Step into the pages of history with this enchanting, fully refurbished brick schoolhouse, transformed into a captivating 2-bedroom sanctuary. Imagine the whispers of knowledge echoing in these walls, now filled with the laughter and warmth of your modern life. Character Meets Convenience with the modern updates, new furnace and on demand hot water along with the addition of 2 mini splits. The two bedrooms offer havens for rest and rejuvenation. A brand new bright and sun drenched kitchen, gleaming with stainless steel appliances, invites culinary creativity and joyful gatherings. The modern bathroom holds full size stackable laundry with modern fixtures and storage space. Over sized shed for landscaping materials and extra storage. Move here and live simply. This unique dwelling isn't just a house – it's a conversation starter, a piece of local lore brought to life. – it's a place to dream, to connect, and to create memories that will echo through time. Don't miss your chance to own a piece of history, lovingly reimagined for the modern age.
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| Aug 18, 2022 | Sold | ||
| Sold | |||
| Jul 6, 2022 | Listed by EXP Realty | $299,900 | |
| Listed by EXP Realty | |||
| Jun 27, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017