2 Montclair Ave
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 3, 2025 | Sold | ||
| Sold | |||
| Dec 4, 2024 | In contract | - | |
| In contract | |||
| Nov 20, 2024 | Listed by Compass | $615,000 | |
| Listed by Compass | |||
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LOCATION, LOCATION, LOCATION! Discover this beautifully renovated 3-bed|2-bath Shed Dormer Cape nestled on just over a quarter acre at the end of a quiet cul-de-sac. This home offers a perfect blend of charm, comfort & modern upgrades, ready to welcome its next owner. Designed for low maintenance, the exterior features new siding and a new septic to be installed. The updates continue with new windows, interior doors, lighting, and refreshed plumbing and electrical. Add't upgrades incl. a new roof on the front of the home & a gas hot water heater. Inside, is an eat-in kitchen with sleek granite countertops, soft-close cabinetry, new stainless steel appliances, all complemented by beautifully refinished hardwood floors that flow throughout the home. A first-floor primary bedroom option provides flexibility and convenience. Upstairs are two spacious front-to-back bedrooms and both floors boast new bathrooms. Conveniently located minutes from the T and Rt. 3. Do not miss this opportunity.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017