18 Montague Road
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 16, 2024 | Sold | ||
| Sold | |||
| Dec 14, 2023 | In contract | - | |
| In contract | |||
| Dec 7, 2023 | Listed by William Raveis R.E. & Home Services | $545,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| Jun 30, 2014 | Sold | ||
| Sold | |||
| Jun 11, 2013 | Listed by Jones Group REALTORS® | $339,000 | |
| Listed by Jones Group REALTORS® | |||
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This Cape style home sits near Leverett Pond and offers a small "meadow" that slopes gently up from the house with many perennials and fruit trees, a fenced vegetable garden, a fenced dog run and a small barn with stalls. There is a paved drive, stone steps and stone walk to the front door. The breezy screened porch off the large country kitchen is perfect for your summer dinners. The house features oak floors throughout the living areas, kitchen, halls and bedrooms. There is a first floor bedroom and full bath. There is a living room with fireplace and a formal dining room. The second floor features a master bedroom with two closet areas and a half bath, and two additional bedrooms and full bath. The walk-out basement contains a laundry room, a utility area, a game room and a 2-car garage. Nearby, the beautiful Leverett pond offers a public launch for canoes/kayaks. The house is minutes to Amherst. Passed Title V.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017