406 Mountain Road
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 |
|---|---|---|---|
| Mar 23, 2020 | Sold | ||
| Sold | |||
| Jan 20, 2020 | Listed by KW Coastal and Lakes & Mountains Realty/Meredith | $349,900 | |
| Listed by KW Coastal and Lakes & Mountains Realty/Meredith | |||
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Location, location and yes, location. Rt 93 exit 16 is less than 3 miles. Exit 17 from the north is very close also. As you enter, the living room is to your right. Here you can enjoy the ambiance of the wood burning fireplace. The open floor plan leads to the recently updated kitchen. Granite and stainless as most everyone wants. There is an eat in kitchen, breakfast nook and full dining room. The Sunroom leads to the rear deck and the above ground pool. There also is a half bath off the kitchen. Garage access is also right off the kitchen. The master suite is upstairs with a walk-in closet. There is a huge bedroom over garage along with two more bedrooms nearby. The other full bath rounds out the living space upstairs. Half of the lower level is finished for those big family get togethers and the other half provides great utillity space. Two Golf courses are minutes away. Concord Country Club and Beaver Meadow Golf Course. This home is a commuter's dream. Very easy access to Rt 93. Concord provides a central location to all New Hampshire has to offer for living and recreation.
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| Aug 16, 2019 | No longer available | - | |
| No longer available | |||
| Aug 3, 2019 | Price Decreased |
$364,900
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Jul 19, 2019 | Price Decreased |
$374,900
↓ $10K
(2.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017