522 MOMOSA DRIVE
About This Property
The primary bedroom boasts a full bath with a soaking tub, walk-in shower, and walk-in closet. The kitchen and bathrooms are equipped with granite countertops and ample cabinet space, complemented by a separate eat-in area/kitchen nook.
The second bedroom is generously sized and access to a full guest bathroom. The home includes an oversized utility room with a sink, a large front porch, and an extensive carport with a side entrance. An 8 x 8 storage shed is also included. The roof was replaced in 2020, and the property is ready for a quick closing.
The monthly HOA fee includes trash removal, property taxes, snow removal, lawn maintenance, and access to the 8,000 square foot Club House. Amenities include a fitness center, billiards room, library, lounge area, craft and card room, full-service kitchen, and a large multipurpose room adjacent to a vast outdoor swimming pool, bocce and shuffleboard courts, and a community bus.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 9, 2024 | Sold | ||
| Sold | |||
| Oct 22, 2024 | In contract | - | |
| In contract | |||
| Aug 26, 2024 | Listed by Keller Williams Realty Preferred Properties | $184,900 | |
| Listed by Keller Williams Realty Preferred Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017