Listed by: Maria Rampinelli, [email protected], Prominent Properties Sotheby's International Realty-Montclair, (973) 783-6900, Listing Courtesy of NJMLS
$1,050,000
●
House -
Off Market
175 Grandview Avenue
North Caldwell, NJ 07006
6 Beds
3 Baths,
1
Half Bath
$6,511
Est. Monthly
12.17%
Cap Rate
About This Property
This North Caldwell Classic Colonial is perfectly situated on a
county Road. The large property is located just minutes to NYC
transportation, great shopping options, minutes to the train
station, close to Montclair and so much more. Situated on 1.65
acres, this six bedroom home is a true gem.Kitchen was fully
renovated with concrete top island, s/s farmer style sink, two
Fisher & Paykel dishwashers, built in Subzero refrigerator, Wolf 4
burner gas stove with oven, Sharp microwave, Quartz countertops,
pantry pullouts. Foyer has new wood floors, house tastefully
painted recently. The mahogany covered deck is accessible from the
Family Room or Kitchen and is very private outdoor space. The sixth
bedroom on first floor currently used as an office. Upstairs has
five nicely sized bedrooms. Primary suite has two walk in closets,
en-suite Bathroom with separate shower. Newer Main Bath with tub
and shower. Partially finished true walk out basement with large
glass sliders to cement patio
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,354
HOA Dues
-
Year Built
1970
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (NJMLS #24030836)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 19, 2024 | Sold | ||
| Sold | |||
| Oct 18, 2024 | In contract | - | |
| In contract | |||
| Oct 6, 2024 | Price Decreased |
$998,000
↓ $201K
(16.8%) | |
| Price Decreased | |||
| Sep 23, 2024 | Listed by Prominent Properties Sotheby's International Realty-Montclair | $1,199,000 | |
| Listed by Prominent Properties Sotheby's International Realty-Montclair | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About North Caldwell
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Listed by: Maria Rampinelli
Prominent Properties Sotheby's International Realty-Montclair
Last Updated: 2 years ago
Data Source: NJMLS , MLS# 24030836
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RHP Realty NJ, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
Prominent Properties Sotheby's International Realty-Montclair
Last Updated: 2 years ago
Data Source: NJMLS , MLS# 24030836
All information deemed reliable but not guaranteed.© 2026 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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