55 Mountain Gate Road #55
About This Property
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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 |
|---|---|---|---|
| Oct 16, 2024 | Sold | ||
| Sold | |||
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | Listed by Realty Executives Boston West | $455,000 | |
| Listed by Realty Executives Boston West | |||
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Look no further! This lovely updated Ledgemere townhome is sure to impress. Spacious living area features a west-facing picture window that floods the room with afternoon/evening light. Renovated kitchen boasts shaker cabinets (2011) w/ quartz counters, under-mount sink w/ retractable faucet, & stainless steel appliances. Open concept kitchen/dining allows the table to be expanded to accommodate large holiday gatherings. Cozy grilling deck through the slider. Updated 1/2 bath on the main floor (2013). King size primary bedroom w/ picture window & twin double closets. Carpets for both bedrooms installed in 2018. Updated full bath on top floor (2015). Exercise area in the lower level. Brand new high-efficiency heating system (2024). Hot water heater (2021). CENTRAL AIR (2012). Freshly painted 1st floor (2024). Amenities include tennis/pickle ball courts, a playground, and hiking trails. Ultra convenient Ashland location is just a stone's throw from the grocery store and restaurants.
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| Mar 25, 2005 | Sold | ||
| Sold | |||
| Nov 1, 2004 | Listed | $279,900 | |
| Listed | |||
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Beautifully maintained Short L Unit in a private, convenient location. Features include an open sunny floor plan with neutral decor throughout for easy decorating, C/A, tile baths and two large bedrooms, Bonus partially finished room in the lower level with plenty of extra storage space. Private yard area has a small patio surrounded by pretty perennials. Located just minutes from shopping.
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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 |
|---|---|---|---|---|---|---|---|
|
09/05/2024
|
2 Bed
|
2 Bath
|
1326 ft²
|
$455,000
2 Bed
2 Bath
1326 ft²
|
$465,000
+2.20%
10/16/2024
|
Jay Allen
Realty Executives Boston West
| |
|
11/01/2004
|
2 Bed
|
1 Bath
|
1326 ft²
|
$279,900
2 Bed
1 Bath
1326 ft²
|
$273,000
-2.47%
03/25/2005
|
Judy Mcguire
REMAX Executive Realty
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|
04/05/1999
|
2 Bed
|
2 Bath
|
1326 ft²
|
$149,900
2 Bed
2 Bath
1326 ft²
|
$149,900
05/28/1999
|
Maryann Clancy
Berkshire Hathaway HomeServices Commonwealth Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017