79 Mountain Gate Road #79
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 |
|---|---|---|---|
| Oct 21, 2022 | Sold | ||
| Sold | |||
| Sep 27, 2022 | In contract | - | |
| In contract | |||
| Sep 27, 2022 | Relisted | $419,900 | |
| Relisted | |||
| Aug 18, 2022 | Listed by Keller Williams Elite | $419,900 | |
| Listed by Keller Williams Elite | |||
| | |||
|
This beautifully maintained townhouse in a cozy setting features a side by side garage rather than a tandem garage for easier access. First floor offers an inviting fireplaced living room, dining room, kitchen, gleaming floors, half bath and exterior deck. Second floor offers 2 spacious bedrooms each with their own bathroom. Laundry in lower level and access to the 2 space garage. Some of the owner updates over time include windows and patio door, electrical panel, gas furnace, gas water heater, flooring, insulated garage doors. Washer, dryer and window treatments are included. Play area, tennis court and pickleball. Nothing to do but move in.
| |||
| Jul 30, 2004 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/18/2022
|
2 Bed
|
3 Bath
|
1344 ft²
|
$419,900
2 Bed
3 Bath
1344 ft²
|
$425,000
+1.21%
10/21/2022
|
Mark Galante
Keller Williams Boston Metrowest
| |
|
06/04/2004
|
2 Bed
|
3 Bath
|
1345 ft²
|
$289,900
2 Bed
3 Bath
1345 ft²
|
$289,900
07/30/2004
|
Joan Hines
Dewolfe-Natick
| |
|
08/20/1999
|
2 Bed
|
3 Bath
|
1345 ft²
|
$178,000
2 Bed
3 Bath
1345 ft²
|
$175,000
-1.69%
11/18/1999
|
Adina Hoffman
Coldwell Banker Residential Brokerage - Framingham - Worcester Rd.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017