53 N MOUNTAIN Road #38
About This Property
cabinetry/countertops, interior/exterior paint, etc. Ideal open concept floor-plan with front picture windows offers ample living space and natural light, a separate laundry room, formal DR plus two walk-in showers. Outside there is a full length covered patio, carport & storage shed. Enjoy friendly neighbors, a community pool, hot tub and clubhouse. Just minutes to shopping, banking, restaurants with easy access to Loop 202 and US Hwy 60. Base lot rent is $710 per/mo + water. Pets OK
The manager has listed the unit size as 1248 square feet.
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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 |
|---|---|---|---|
| Aug 28, 2026 | Sold | ||
| Sold | |||
| Jun 21, 2026 | In contract | - | |
| In contract | |||
| May 16, 2026 | Listed | $65,000 | |
| Listed | |||
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|
Beautiful, turnkey ready 55+ community home! This fully furnished, ground-set doublewide features a clean updated style, w/ a versatile kitchen island, a new refrigerator, additional kitchen cabinets, plus a formal dining room. Enjoy a bright, open layout with front picture windows, a separate laundry room, and two walk-in showers. Outside offers a full length covered patio with a table, plenty of chairs, and a built-in TV! Additionally, there is a 2 car carport and a storage shed. Great pet-friendly community with a pool, hot tub, and clubhouse. Near shopping and dining, with easy freeway access! Lot rent $780 mo + water.
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| Apr 6, 2024 | No longer available | - | |
| No longer available | |||
| Apr 3, 2024 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/16/2026
|
2 Bed
|
2 Bath
|
1248 ft²
|
$65,000
2 Bed
2 Bath
1248 ft²
|
$62,500
-3.85%
08/28/2026
|
Kori N Diener
Venture REI, LLC
| |
|
04/10/2026
|
2 Bed
|
2 Bath
|
1044 ft²
|
$47,000
2 Bed
2 Bath
1044 ft²
|
$42,000
-10.64%
06/26/2026
|
Stephanie Strobel
Keller Williams Integrity First
| |
|
01/08/2024
|
Loft
|
2 Bath
|
1248 ft²
|
$78,900
Loft
2 Bath
1248 ft²
|
-
-
|
Kara Holt
My Home Group Real Estate
| |
|
06/25/2023
|
2 Bed
|
1 Bath
|
840 ft²
|
$47,500
2 Bed
1 Bath
840 ft²
|
-
-
|
Breanna Kruger
eXp Realty
| |
|
11/12/2022
|
2 Bed
|
2 Bath
|
914 ft²
|
$68,888
2 Bed
2 Bath
914 ft²
|
-
-
|
Melissa Carpenter
HomeSmart
| |
|
01/15/2021
|
1 Bed
|
1 Bath
|
-
|
$23,000
1 Bed
1 Bath
|
-
-
|
Jeff Blackwell
Easy Living Solutions
| |
|
01/08/2021
|
2 Bed
|
2 Bath
|
-
|
$35,000
2 Bed
2 Bath
|
-
-
|
Jeff Blackwell
Easy Living Solutions
| |
|
04/23/2020
|
1 Bed
|
1 Bath
|
672 ft²
|
$21,500
1 Bed
1 Bath
672 ft²
|
-
-
|
Jeff Blackwell
Easy Living Solutions
| |
|
03/27/2019
|
2 Bed
|
2 Bath
|
967 ft²
|
$25,000
2 Bed
2 Bath
967 ft²
|
-
-
|
-
|
Building Info
- 2 Units for Sale
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