388 Mountain Road
About This Property
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Cap Rate Calculator
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 13, 2023 | No longer available | - | |
| No longer available | |||
| Sep 24, 2023 | Price Decreased |
$529,900
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Aug 5, 2023 | Price Decreased |
$539,800
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Jun 17, 2023 | Price Decreased |
$549,900
↓ $40K
(6.8%) | |
| Price Decreased | |||
| May 17, 2023 | Listed by Des Rochers Real Estate Professionals | $589,900 | |
| Listed by Des Rochers Real Estate Professionals | |||
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Ranch style home completely remodeled with LOTS OF CLASS! Almost 2,000 square feet of finished living space! Located in the perfect location of Concord... rural area with MOUNTAIN VIEWS, yet close to city amenities! Flat, one acre corner lot with a WATER VIEW! Huge Farmer's Porch~ relax and watch the sun set! Enter the home through a mudroom which leads to an open concept living area... white kitchen with black granite countertops, an island & stainless steel upgraded appliances including a double oven (gas hook-up)... the living room is accented with an electric fireplace featuring lots of pretty colors... set the mood & warm up! Off the kitchen is a flex room~ use as a third bedroom, den, dining area, whatever you wish! You will love the master bedroom suite... it has it's own private bath with an oversized walk-in shower & double sinks, a walk-in closet, a slider leading to the side yard & it is large enough for a king size bed! There is more finished space in the lower level, a laundry area & plenty of storage. The property also boasts a two-car garage with a second floor for storage or your favorite hobby. What else? A two-car wide carport... plenty of room for your toys or a patio area! BRAND NEW~ roof, siding, upgraded black windows, electrical, plumbing, septic system, kitchen, bathrooms, flooring, and more!! TOP NOTCH CONSTRUCTION!! (House originally built in 1964; almost completely remodeled in 2023, with additional square footage added.) The manager has listed the unit size as 1994 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017