1 Rolling Ridge Road #A
About This Property
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Cap Rate Calculator
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.
You can learn more about cap rate here .
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 5, 2024 | Sold | ||
| Sold | |||
| Apr 5, 2024 | Listed by Apartments & Homes of NJ | $274,900 | |
| Listed by Apartments & Homes of NJ | |||
| Feb 21, 2024 | In contract | - | |
| In contract | |||
| Feb 7, 2024 | Relisted | - | |
| Relisted | |||
| Jan 11, 2024 | In contract | - | |
| In contract | |||
Property Highlights
1 Rolling Ridge Road #A, Montvale, NJ, 07645
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Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
04/05/2024
|
1 Bed
|
1 Bath
|
-
|
$274,900
1 Bed
1 Bath
|
$285,000
+3.67%
04/05/2024
|
-
|
-
|
Building Info
About Montvale
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Apartments & Homes of NJ
Last Updated: 10 months ago
Data Source: NJMLS , MLS# 23037173
All information deemed reliable but not guaranteed.© 2024 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
