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16080 DEER PARK DRIVE
About This Property
Inside, the main living areas feature stunning hardwood flooring that extends throughout the entire home. The updated kitchen is a chef's dream, with butcher block countertops, sleek white cabinetry, stainless steel appliances, a subway tile backsplash, and a central island perfect for casual dining. The open-concept living and dining areas are bathed in natural light from large windows, offering tranquil views of the wooded surroundings. The primary suite is complete with a spacious en-suite bathroom.
The finished basement adds another level of functionality, offering a cozy living area, and an additional bathroom. A large three-season room over the garage provides a versatile space for year-round enjoyment, while the expansive back deck is the perfect spot to relax and take in the quiet beauty of the property, which backs up to a golf course. Central air ensures comfort throughout the home, regardless of the season.
This home is not only a peaceful retreat but also a sense of community with its lakefront location. From the serene views to the thoughtful updates, this property is designed to provide comfort, style, and an ideal setting for both entertaining and unwinding. Don't miss the opportunity to make this haven your new home! *Seller has a 2.25% VA assumable loan, they are open to negotiate.*
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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 |
|---|---|---|---|
| Apr 9, 2026 | Price Decreased |
$585,000
↓ $15K
(2.5%) | |
| Price Decreased | |||
| Feb 24, 2026 | Relisted | $600,000 | |
| Relisted | |||
| Feb 18, 2026 | In contract | - | |
| In contract | |||
| Feb 5, 2026 | Listed by EXP Realty, LLC | $600,000 | |
| Listed by EXP Realty, LLC | |||
| Jun 14, 2025 | Relisted | $585,000 | |
| Relisted | |||
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About Montclair
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017