706 Mohawk Rd
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 |
|---|---|---|---|
| May 28, 2025 | Sold | ||
| Sold | |||
| Apr 4, 2025 | In contract | - | |
| In contract | |||
| Mar 18, 2025 | Listed | $524,999 | |
| Listed | |||
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Welcome to this well-maintained 3-4 bedroom, 2-bath ranch in a quiet Somerset neighborhood. The spacious living room, large kitchen/dining area, and finished basement provide plenty of room to spread out. A huge deck overlooks the expansive backyard, perfect for entertaining. Additional features include a single-car garage, solar panels, newer windows, and a forced hot air gas furnace prepped for central air. Enjoy easy access to highways, shopping, dining, and more. Don’t miss this fantastic opportunity!
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| Jun 17, 2022 | Sold | ||
| Sold | |||
| Mar 25, 2022 | Listed by eXp Realty | $389,000 | |
| Listed by eXp Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017