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44 Mountain Gate Rd #44
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%.
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 1, 2016 | Sold | ||
| Sold | |||
| Mar 30, 2016 | Listed by RE/MAX Executive Realty | $257,900 | |
| Listed by RE/MAX Executive Realty | |||
| | |||
|
Updated and pristine Townhouse in sought after Ledgemere! This unit boasts open layout perfect for entertaining. Kitchen with large eating area and sun-filled Living Room with crown molding and beautiful pergo flooring. Newer "spa-like" bathroom finishes the first floor. Two extremely spacious bedrooms with great closet space on the second floor and remodeled full bathroom. Huge Bonus - A finished lower level perfect for home office or playroom. All of this PLUS - newer furnace, newer A/C, updated electrical panel, two new windows and crown molding. Tennis court, pond and park on property. Easy access to shopping and commuter train. Low condo fee of $213! First showing to be at Open House Sunday, April 3rd 1-3 p.m.
| |||
| May 26, 2011 | Sold | ||
| Sold | |||
| Mar 22, 2011 | Listed by RE/MAX Home Finders | $224,900 | |
| Listed by RE/MAX Home Finders | |||
| Jul 30, 2004 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/30/2016
|
2 Bed
|
2 Bath
|
1516 ft²
|
$257,900
2 Bed
2 Bath
1516 ft²
|
$260,000
+0.81%
06/01/2016
|
Ann Clark
REMAX Executive Realty
| |
|
03/22/2011
|
2 Bed
|
1 Bath
|
1316 ft²
|
$224,900
2 Bed
1 Bath
1316 ft²
|
$231,000
+2.71%
05/26/2011
|
Matthew Gamache
Touchstone Realty
| |
|
06/01/2004
|
2 Bed
|
2 Bath
|
1500 ft²
|
$279,900
2 Bed
2 Bath
1500 ft²
|
$275,000
-1.75%
07/30/2004
|
Nancy Leary
Realty Executives Boston West
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017