59 Mountain Gate Road #59
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 |
|---|---|---|---|
| Jul 22, 2015 | Sold | ||
| Sold | |||
| May 28, 2015 | Listed by Weichert REALTORS® - Hudson Morgan Group | $234,900 | |
| Listed by Weichert REALTORS® - Hudson Morgan Group | |||
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Updated Contemporary Townhouse in sought after Ledgemere! This End Unit boasts open layout perfect for entertaining. New Kitchen with center island and large eating area. Sun-filled Living Room. Brand new "spa-like" bathroom finishes the first floor. Two extremely spacious bedrooms with great closet space on the second floor and full bathroom. Basement is waiting to be easily finished to meet your needs. Many updates include new lighting, new furnace, new A/C, updated electrical panel and much more. All of this plus a garage! Tennis court, pond and park on property. Easy access to shopping and commuter train. This Townhouse is located close to mailboxes and has extra guest parking conveniently close to unit. Low condo fee of $205! First showing to be at Open House Sunday, May 31st 1-3 p.m.
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| Sep 21, 2007 | Sold | ||
| Sold | |||
| May 1, 2007 | Listed by Hammond Residential | $250,000 | |
| Listed by Hammond Residential | |||
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Short "L" at Ledgemere. Greenhouse window. Deck. Central air. Open floor plan. 2 large bedrooms, 1.5 baths. Basement and garage. Being sold "as is". Price reflects condition of property (rugs and paint). Short sale subject to bank approval.
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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 |
|---|---|---|---|---|---|---|---|
|
05/28/2015
|
2 Bed
|
2 Bath
|
1326 ft²
|
$234,900
2 Bed
2 Bath
1326 ft²
|
$245,200
+4.38%
07/22/2015
|
Randi Steckler
Weichert REALTORS® - Hudson Morgan Group
| |
|
05/01/2007
|
2 Bed
|
2 Bath
|
1326 ft²
|
$250,000
2 Bed
2 Bath
1326 ft²
|
$238,000
-4.80%
09/21/2007
|
Ana Maria Vinha
Hammond Residential
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017