505 Mountain Rd
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 |
|---|---|---|---|
| Aug 14, 2024 | Sold | ||
| Sold | |||
| Jul 18, 2024 | In contract | - | |
| In contract | |||
| Jul 12, 2024 | Listed by Executive Real Estate, Inc. | $369,900 | |
| Listed by Executive Real Estate, Inc. | |||
| | |||
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Highest & Best Offer by 12 noon Wednesday, 7/17. Open living, beautiful backyard views & walls of windows with this custom 1950's Ranch located near the center of town hidden from view on 5 acres! Just shy 1,700 Sq Ft of living this home has maintained many of its original features. Brick fireplaced LRM, butternut woodwork, floor to ceiling windows, open dining! Large 1950's Kitchen filled with cabinets, countertop range & wall oven. Spacious Master bedroom w/updated tiled shower bath. Updated main bath & 2 additional bedrooms. Recessed lighting many ceiling fans & lower level playroom (family room). A little updating will make this house sparkle. House being sold "as is"
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| Apr 18, 2014 | Sold | ||
| Sold | |||
| Feb 28, 2014 | Listed by Executive Real Estate, Inc. | $199,900 | |
| Listed by Executive Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017