53 Mountain Gate Rd #53
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 |
|---|---|---|---|
| Dec 16, 2013 | Sold | ||
| Sold | |||
| Oct 11, 2013 | Listed by Shilalis Real Estate | $242,900 | |
| Listed by Shilalis Real Estate | |||
| Jun 30, 2005 | Sold | ||
| Sold | |||
| Apr 13, 2005 | Listed | $305,000 | |
| Listed | |||
| |||
|
Nice location in Ledgemere~~2BR 1 1/2 Baths~~Expanded kitchen with hardwood floors ~~lots of cabinet space and counters ~~ open floor plan ~~ cental A/C ~~ 2 rooms in finished basement ~~ lots of stroage in basement and attic ~~ private yard ~~ Estate Sale ~~ remaining items will soon be moved ~~ pet friendly complex
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/11/2013
|
2 Bed
|
2 Bath
|
1326 ft²
|
$242,900
2 Bed
2 Bath
1326 ft²
|
$237,000
-2.43%
12/16/2013
|
Matthew Gamache
Touchstone Realty
| |
|
04/13/2005
|
2 Bed
|
1 Bath
|
1326 ft²
|
$305,000
2 Bed
1 Bath
1326 ft²
|
$280,000
-8.20%
06/30/2005
|
Randy F. Stabile
Exit First Choice Professional Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017