38 Mountainshire Dr #38
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%.
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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 |
|---|---|---|---|
| May 13, 2024 | Sold | ||
| Sold | |||
| Apr 10, 2024 | In contract | - | |
| In contract | |||
| Apr 2, 2024 | Listed by RE/MAX Prof Associates | $330,000 | |
| Listed by RE/MAX Prof Associates | |||
| | |||
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**Highest & Best offers Due by noon Tues 4/9**. Updated & well cared for 2 bedroom, 1.5 bath townhouse. Assigned parking directly in front of unit. Young windows, updated flooring, kitchen & bathrooms. 1st floor boasts an open layout with dining rm & living room open to each other w/ hardwood floors. Kitchen has ample space for a table or island/ breakfast bar with updated vinyl flooring & recently painted cabinets that give the kitchen a fresh updated feel. Sliders lead to a brand new deck that overlooks tree-lined back yard. Updated 1/2 bath w/ tile flooring completes the1st floor. Upstairs there are 2 large bedrooms & an updated full bathroom. There's a full basement w/ a semi-finished room, currently used as family room (unheated w/ area rug).. Handy built-in shelving in LL to stay, Laundry & storage are also in LL. Mountainshire is a pet friendly community w/ low HOA fees & is conveniently located minutes from 290,190, 9, 495. Come see, you won't be disappointed!
| |||
| May 1, 2020 | Sold | ||
| Sold | |||
| Mar 26, 2020 | Listed by RE/MAX Prof Associates | $199,999 | |
| Listed by RE/MAX Prof Associates | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/02/2024
|
2 Bed
|
2 Bath
|
1140 ft²
|
$330,000
2 Bed
2 Bath
1140 ft²
|
$345,000
+4.55%
05/13/2024
|
Matthew Ryan
Results Realty
| |
|
03/26/2020
|
2 Bed
|
2 Bath
|
1140 ft²
|
$199,999
2 Bed
2 Bath
1140 ft²
|
$201,000
+0.50%
05/01/2020
|
Dorothy Stone
ERA Key Realty Services - Worcester
| |
|
06/14/2016
|
2 Bed
|
2 Bath
|
1062 ft²
|
$150,000
2 Bed
2 Bath
1062 ft²
|
$155,000
+3.33%
08/31/2016
|
Joseph Hunt
HomeSmart Professionals
| |
|
08/24/2010
|
2 Bed
|
1 Bath
|
1062 ft²
|
$100,000
2 Bed
1 Bath
1062 ft²
|
$90,000
-10.00%
05/31/2011
|
Susan Uryasz
ERA Key Realty Services- Spenc
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017