16 Montclair Drive
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%.
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 |
|---|---|---|---|
| Jan 6, 2017 | Sold | ||
| Sold | |||
| Aug 17, 2015 | Listed by Coldwell Banker Realty - Chelmsford | $450,000 | |
| Listed by Coldwell Banker Realty - Chelmsford | |||
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Superior Frank Lloyd Wright type design contemporary located in prime Hancock Hill area. Private, secluded landscaped .87 acre lot with southeast exposure. So many extras -must be seen! Dramatic foyer opening to 40 ft. living/dining room with high views. 26 ft. kitchen with dining area. Library with fireplace and bookcases. Gorgeous master suite. First floor laundry. 38x18 lower level family room with bay windows. 3 full baths, 2 half baths. 3 fireplaces. Bring your ideas and talents to make this wonderful property into your own Home Spectacular!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017