649 Moondale Drive
About This Property
Formal living features 12' +/- ceilings, natural light, display cabinets and an impressive fireplace. Formal dining includes a wall to wall buffet with a display cabinet. The open kitchen has stainless steel appliances, breakfast bar & breakfast area with custom cabinets & built in buffet and sliding doors onto the extended patio.
Downstairs features an office / hobby room with built in cabinets and a large bedroom with adjoining bath and access to the patio.
Upstairs is the 2nd bedroom , a full bath and the Master Suite featuring a walk in closet, luxury bath with dual sinks, garden tub, separate shower and a large balcony with panoramic views.
Refrigerated air, wood laminate flooring, excellent storage and a large backyard.
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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 |
|---|---|---|---|
| Nov 17, 2023 | Sold | ||
| Sold | |||
| Oct 12, 2023 | Listed by We Sell Homes | $402,500 | |
| Listed by We Sell Homes | |||
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About Upper Mesa Hills
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017