5331 Mountain Grove Court
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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 |
|---|---|---|---|
| Dec 3, 2024 | Sold | ||
| Sold | |||
| Nov 7, 2024 | In contract | - | |
| In contract | |||
| Oct 30, 2024 | Listed by RE/MAX The Woodlands & Spring | $599,900 | |
| Listed by RE/MAX The Woodlands & Spring | |||
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Stately Red Brick Custom Home on Over 1/2 Acre in Spring Creek Oaks Offers Outstanding Curb Appeal & Everything You Are Looking for in a Home with its Rich Hardwood Floors, High Ceilings, Custom Trim & Mouldings. Features Include Formal Living & Dining, Home Office w/Custom Built-Ins, Gas Log Fireplace in the Spacious Family Room Open to the Updated Kitchen w/Stainless Steel Appliances, Granite Counter Tops and Lots of Cabinets & Counter Space for Entertaining Family & Friends. Primary En-Suite Bedroom Down w/Bay Window Sitting Area & Luxurious Bath w/Frameless Shower, Double Sinks, Soaking Tub & 2 Walk-In Closets. 3 Generous-Sized Bedrooms, 2 Full-Baths & a Large Game Room Upstairs. Walls of Windows Overlooking the Backyard Oasis Showcasing a Sparkling Pool & Spa w/Rock Waterfall and HUGE Private Yard. True 3-Car Side-by-Side Garage & Sprinkler System. Great Community w/Multiple Tennis & Pickleball Courts, 2 Clubhouses, 2 Pools, Jogging Paths, Playgrounds, Soccer & Baseball Fields.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017