705 Mountain View Drive
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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 |
|---|---|---|---|
| Sep 21, 2022 | Sold | ||
| Sold | |||
| Aug 24, 2022 | Listed by Century 21 Realty Partners | $1,199,000 | |
| Listed by Century 21 Realty Partners | |||
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Stunning Home at The CLIFFS, nestled on 1.2 acres, just hit the market in Lake Conroe Area! This beautiful Home features 4 bedrooms/4 bathrooms, 3 car oversized garage and 4,082 sq. ft. of living space. As you enter you are greeted with a sweeping view of Backyard Oasis through full glass grand window! Formal Dining, 2 Living areas, Primary bedroom have tray ceilings w/light features! Gourmet Kitchen comes equipped w/ Thermador and Bosch appliances, ice maker, wine Bar & refrigerator, Breakfast Bar, built-in coffee maker. Spacious Primary Suite awaits you with spa-like Bath w/double glass walk-in shower, his/her vanities, soaking tub and walk-in closet w/built-ins. This Mediterranean style Home comes w/ 625sq.ft. Mother-in Law Suite w/utility kitchen and jetted steam shower for the convenience of out of town guests. You can entertain in style all year by Luxury style Heated Pool/Spa, California outdoor Kitchen or relax near a fire pit! A-must see, book viewing today!
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About Cliffs at South Shore
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017