1
Map
109 Clarewill Avenue
Payment Calculator
Your Estimated Monthly Payment
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 12, 2026 | Sold | ||
| Sold | |||
| Apr 18, 2026 | In contract | - | |
| In contract | |||
| Aug 1, 2023 | Sold | ||
| Sold | |||
| Jun 16, 2023 | In contract | - | |
| In contract | |||
| Jun 2, 2023 | Listed by Brown Harris Stevens New Jersey | $1,499,000 | |
| Listed by Brown Harris Stevens New Jersey | |||
| | |||
|
109 Clarewill Avenue is truly Montclair at its finest. A unique opportunity awaits to own this magnificent home situated on one of Upper Montclair's most desirable and favored side streets. This home emanates a remarkable energy, characterized by its understated elegance and tranquil ambiance. Natural light gracefully permeates the inviting floor plan, fostering a bright and airy atmosphere. The heart of home is the kitchen with an amazing island and adjacent family room, both with radiant floor heating and overlooking the secluded, lush backyard. The unrivaled private outdoor living space is a haven for relaxation and entertainment, boasting a coveted wrap-around front porch and a rear deck. Classic charm harmoniously blends with contemporary convenience throughout the home, showcased by impressive original mouldings, woodwork and lofty ceilings all enhanced by multi-zoned central air, radiant floor heating and newer windows. A leisurely stroll to the best that Montclair has to o
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017