37 Mountain Gate Rd #37
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 |
|---|---|---|---|
| Nov 30, 2025 | No longer available | - | |
| No longer available | |||
| Jun 24, 2025 | Withdrawn | - | |
| Withdrawn | |||
| May 29, 2025 | Listed by Get Listed Realty, LLC | $455,000 | |
| Listed by Get Listed Realty, LLC | |||
| | |||
|
Quiet community in a great location that is walking distance to a supermarket, restaurants and other stores. 3 levels of living space with 2 large bedrooms on third floor. Unfinished lower level also has heat/a.c. so it can easily be used as a den/office or turned into a small 3rd bedroom. Lots of storage space in basement and full size attic. One car garage, full size deck and small side yard for outdoor space.
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| Feb 2, 2023 | Sold | ||
| Sold | |||
| Jan 12, 2023 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/29/2025
|
2 Bed
|
1 Bath
|
1326 ft²
|
$455,000
2 Bed
1 Bath
1326 ft²
|
-
-
|
Kris Lippi
Get Listed Realty
| |
|
12/08/2022
|
2 Bed
|
2 Bath
|
1326 ft²
|
$399,000
2 Bed
2 Bath
1326 ft²
|
$375,000
-6.02%
02/02/2023
|
Ana Conneely
ERA Key Realty Services
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017