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3740 Miramontes Circle
About This Property
Located within walking distance to top-rated elementary and middle schools and just a short stroll from the private subdivision pool. Plus, you're just minutes from equestrian events, fine dining, excellent shopping, and easy access to the Turnpike.
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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 |
|---|---|---|---|
| Mar 14, 2025 | Sold | ||
| Sold | |||
| Feb 25, 2025 | In contract | - | |
| In contract | |||
| Feb 20, 2025 | Listed by LAER Realty Partners Bowen/Wellington | $420,000 | |
| Listed by LAER Realty Partners Bowen/Wellington | |||
| | |||
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3 Bedroom, 2 Bathroom home with a 1 Car garage in the highly desirable Grand Isles community of Wellington! This home features impact windows, a two years old tile roof, a newer water heater, and a new fridge, freshly painted and move-in ready All designed for modern comfort and peace of mind!Located within walking distance to top-rated elementary and middle schools and just a short stroll from the private subdivision pool. Plus, you're just minutes from equestrian events, fine dining, excellent shopping, and easy access to the Turnpike.
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| Mar 1, 1999 | Sold | ||
| Sold | |||
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About Orange Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017