9367 Mountain Road
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 |
|---|---|---|---|
| Jan 6, 2024 | No longer available | - | |
| No longer available | |||
| Nov 14, 2023 | In contract | - | |
| In contract | |||
| Nov 7, 2023 | No longer available | - | |
| No longer available | |||
| Nov 6, 2023 | Listed by REMAX Top Producers | $419,000 | |
| Listed by REMAX Top Producers | |||
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***MUST SEE***This is a unique house with unique feature that can easily convert it into a two unit duplex or stay as a single family home. Endless opportunities with over 3000 sqft of interior space that can create any space that you would desire it to be. Having the entire place to yourself or rent one out for extra cash or for the family. With some TLC this unit have infinite potential. The flat lot gives it endless potential for future expansion to create a dream yard of your own or to expand another ADU on top, along with breathtaken panoramic view. Come and check it out today! The manager has listed the unit size as 3088 square feet.
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| Oct 5, 2023 | Relisted | $419,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017