7 Mountain Gate Rd #7
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 |
|---|---|---|---|
| Aug 29, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | Listed by Donnelly + Co. | $485,000 | |
| Listed by Donnelly + Co. | |||
| Aug 24, 2017 | Sold | ||
| Sold | |||
| Jun 29, 2017 | Listed by Donnelly + Co. | $299,900 | |
| Listed by Donnelly + Co. | |||
| | |||
|
This is the one you have been waiting for! Beautifully maintained and fully updated 2 bedroom 2.5 bath townhouse in Ledgemere. Open floor plan with gorgeous hardwood floors throughout the first two floors. New windows and slider have been put in the house. The kitchen has been completely renovated with new cabinets, stainless steel appliances and countertops. All the baths have also been updated. Large master suite with full bath and walk in closet. Second bedroom also has its own private bath and plenty of closet space. Huge finished lower level is perfect for an office, playroom, den or work out area. Easy access to restaurants, shopping, commuter rail and all major routes. Nothing to do but move in!
| |||
| Apr 27, 2000 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/29/2024
|
2 Bed
|
3 Bath
|
1545 ft²
|
$485,000
2 Bed
3 Bath
1545 ft²
|
$470,000
-3.09%
08/29/2024
|
Candice Beecher
Berkshire Hathaway HomeServices Page Realty
| |
|
06/29/2017
|
2 Bed
|
3 Bath
|
1545 ft²
|
$299,900
2 Bed
3 Bath
1545 ft²
|
$310,000
+3.37%
08/24/2017
|
Matthew Gamache
Touchstone Realty
| |
|
01/03/2000
|
2 Bed
|
3 Bath
|
1875 ft²
|
$189,986
2 Bed
3 Bath
1875 ft²
|
$190,000
+0.01%
04/27/2000
|
Olga Perelman
Olga Perelman
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017