5501 Mustang Dr
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%.
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 |
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| Jun 4, 2024 | Sold | ||
| Sold | |||
| May 11, 2024 | In contract | - | |
| In contract | |||
| Apr 26, 2024 | Listed by HomeSmart | $734,995 | |
| Listed by HomeSmart | |||
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Step into luxury with this expansive 4500 Sq FT Ranch with 620 Sq Ft Finished Garage, New Carpet, Paint & Refinished Hardwood Floors, 2 Primary Suites, 2 Full Kitchens, 2 Laundry Rooms, 2 Fireplaces, 4 Beds & 4 Baths, Office, Great Room, Excercise Room, Media Room, Bar, Dinning Room, Play Room, Extended Lentgh Driveway, Corner Lot, Full Patio, Custom Pergola Gas Rough In For Outdoor Kitchen & More. *NO Metro District* Located Next To Bella Rosa Golf Course & Milavec Lake and community paths just out the door, you will Love The Quick Access To Trails, pool & Lake & Extra Parking On This Corner Lot & The Moore Farms Community & Pool. Ask About The Town Of Frederick Plans For Milavec Lake Receration Expansion.This amazing home, combines modern elegance with family-friendly comfort. The interior features a grand entryway that leads into a bright and open floor plan, connecting a sophisticated living room, formal dining area, with sleek granite countertops, and a large island that makes cooking and entertaining a delight. Outside, the property boasts a meticulously landscaped backyard complete with a charming patio area, ideal for outdoor gatherings and enjoying serene views. The front of the home is equally impressive with its inviting curb appeal. This home is situated in a peaceful, family-oriented neighborhood, with easy access to local parks, hiking trails, and recreational facilities, promoting an active and engaged lifestyle. The community is known for its safety, cleanliness, and friendly atmosphere. Agent Owned for easy sale and close.
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| Nov 2, 2023 | Listed | $750,000 | |
| Listed | |||
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Next Gen Style Coming Soon
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| Feb 26, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017