1308 Montevideo
About This Property
Inside, the home features light wood flooring, recessed lighting, and fresh interior paint throughout. Upon entry, a staircase with a statement chandelier sets the tone. A formal living room with a fireplace sits to one side, and a formal dining room with a dedicated light fixture sits opposite.
The kitchen has been fully updated with new cabinetry, white countertops, and brand new fixtures and appliances. It also includes a built-in buffet area for additional storage and a breakfast nook for casual dining. The space opens to a spacious family room with sliding doors that lead to the backyard. A full bathroom with a walk-in glass-enclosed shower and smart toilet, a storage closet, and a main-level bedroom with closet space complete the first floor.
The attached garage features epoxy flooring, additional storage, a new garage opener, and a laundry area for added functionality.
Upstairs, the home offers three bedrooms, including a generously sized primary suite with ample closet space and a fully updated en-suite bathroom featuring dual vanities and a glass-enclosed shower. A second full bathroom with dual vanities serves the additional bedrooms, all of which are well proportioned and include closet space.
The backyard provides a spacious outdoor setting with a covered patio and a large grass lawn, along with durable block wall fencing that extends around the property and continues along the side yard.
With comprehensive upgrades throughout, including new windows, finishes, fixtures, and major components, this home presents a move-in ready opportunity with a modern, cohesive design.
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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 |
|---|---|---|---|
| May 6, 2026 | Sold | ||
| Sold | |||
| Apr 5, 2026 | In contract | - | |
| In contract | |||
| Mar 24, 2026 | Listed by Keller Williams Realty Irvine | $1,499,900 | |
| Listed by Keller Williams Realty Irvine | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017