40111 Mostyn Drive
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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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| May 30, 2024 | In contract | - | |
| In contract | |||
| May 24, 2024 | Listed | $599,000 | |
| Listed | |||
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Welcome to your slice of paradise! Experience a stunning 2,904sf one-story with four bedrooms, three baths, a 3-car garage, and breathtaking POOL & SPA on a 27,319sf lot. The backyard offers a backdrop of trees as far as the eye can see. The sparkling pool and spa create a backyard oasis you will love. The home features a gourmet kitchen featuring dual ovens, a gas cooktop, granite counters, a walk-in pantry, and a big center island. The kitchen opens to the family room and overlooks the backyard for easy entertaining. The relaxing family room offers a stone gaslog fireplace as the focal point of the room. Secluded at the back of the home is the owner's retreat. This large bedroom is a dream with a sitting area overlooking your pool and spa and a luxurious ensuite bath fit for royalty! Three secondary bedrooms and a home office give your entire family plenty of space. WiFi sprinkler system. There are tons of easily accessible shopping including new HEB and new shops opening every week.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017