15312 EDGEHILL DR
About This Property
Step outside to discover your private oasis in the landscaped backyard, complete with a Trex deck perfect for alfresco dining and entertaining under the stars. Imagine lounging on the deck, soaking in the sunshine, or unwinding in the evening breeze. With its idyllic setting and updated systems, 15312 Edgehill Drive invites you to enjoy all that living in Montclair has to offer!
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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 |
|---|---|---|---|
| Mar 28, 2024 | Sold | ||
| Sold | |||
| Mar 5, 2024 | In contract | - | |
| In contract | |||
| Feb 29, 2024 | Listed by Wasinger & Co Properties, LLC. | $598,900 | |
| Listed by Wasinger & Co Properties, LLC. | |||
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About Montclair
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017