1 Montclair Dr
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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | Listed by Lamacchia Realty, Inc. | $699,900 | |
| Listed by Lamacchia Realty, Inc. | |||
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Beautiful and spacious 2x6 modular construction colonial with 4 brms in prime Auburn location convenient to Rt 20, 290, 146 and MA Pike. 2,334 s.f. of living area on 1st and 2nd flr and an addt'l 600 s.f. (apprx) of finished living area in basement with slider walk-out access for convenience and plenty of light. 2 full baths and 2 half baths. This highly energy efficient home burns zero fossil fuels and is heated/cooled by a geothermal heating system. Gleaming hardwoods on first floor, foyer and stairs. Spacious kitchen with wired center island workstation. Additional unfinished area (676 s.f.) above 26x26 two car garage could be finished into a huge bedroom or other living area. Wonderful neighborhood with scenic views. Wooded lit. Plenty of open backyard space for entertaining and gardening. Patio and deck. Convenient to many amenities incl. golf, shopping, dining, fitness center, banking and filling station.
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| Jul 29, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017