40449 Mostyn Lake 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 |
|---|---|---|---|
| Mar 31, 2023 | Sold | ||
| Sold | |||
| Jan 4, 2023 | Listed by RE/MAX Universal Northwest | $269,900 | |
| Listed by RE/MAX Universal Northwest | |||
| Aug 11, 2018 | No longer available | - | |
| No longer available | |||
| Jun 14, 2018 | Listed | $199,990 | |
| Listed | |||
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Don't miss the opportunity -- be the lucky family that calls Mostyn Springs home. NEW construction opportunities by Gray Point Homes. This 3 bed, 2 bath features 42" custom cabinets, GRANITE counter tops, under mount SS sink, & SS appliance package. SPACIOUS master suite & HI vanities in master bath. Upgraded carpet & tile in all the wet areas. Extended covered patio, fully sodded front yard, & much more!! ZONED to Magnolia ISD w/ lots of nearby shopping & dining. Call today for a showing. The manager has listed the unit size as 1610 square feet.
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017