16 The Fairway
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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 |
|---|---|---|---|
| Jul 20, 2025 | No longer available | - | |
| No longer available | |||
| Jun 12, 2025 | In contract | - | |
| In contract | |||
| Mar 4, 2024 | Sold | ||
| Sold | |||
| Mar 4, 2024 | Listed by Prominent Properties Sotheby's International Realty-Montclair | $1,395,000 | |
| Listed by Prominent Properties Sotheby's International Realty-Montclair | |||
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Wonderful Tudor with a California vibe. Classic timber framing & exterior brick artistry gives nod to a rich heritage. Friendly street. Gourmet Eat-in Kitchen with Sub Zero fridge & Wolf stove. Finished Lower Level with great media & entertaining space featuring bar, separate wine room, coffee bar, laundry room & utility room. 2nd floor has new, tranquil Primary Ensuite with dressing room & new Bathroom. 2 more additional Bedrooms and hall Bath. 3rd floor offers 4th Bedroom & Bath. Abundant storage & lots of home offices options on all 4 floors. Will you ever leave the lovely screened-in front porch? Fully fenced back yard with electric gates. You'll fall for the artistry & stunning details- moldings, wood floors, custom cabinetry, beautiful staircase & how this house makes you feel. Add in access to two parks or the vibrancy of Montclair & all the town has to offer & it will win totally you over. See listing for floorplans, 3D tour & exclusions.
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| Jan 23, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017