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2162 Montgomery 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%.
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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 |
|---|---|---|---|
| Aug 7, 2026 | Sold | ||
| Sold | |||
| Jul 11, 2026 | In contract | - | |
| In contract | |||
| Jun 14, 2026 | Price Decreased |
$1,525,000
↓ $40K
(2.6%) | |
| Price Decreased | |||
| May 5, 2026 | Price Decreased |
$1,565,000
↓ $35K
(2.2%) | |
| Price Decreased | |||
| Apr 1, 2026 | Listed by Elite Residential Realty | $1,600,000 | |
| Listed by Elite Residential Realty | |||
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Welcome to this exceptional, fully remodeled property with an ADU in one of Thousand Oaks’ most desirable neighborhoods, where modern luxury meets versatility and comfort. The main residence offers 3 spacious bedrooms and 2 beautifully updated bathrooms across approximately 1,786 square feet of thoughtfully designed living space. From the moment you enter, you’ll be captivated by the open-concept layout, abundant natural light, and high-end finishes throughout. The chef’s kitchen features stunning cabinetry, premium countertops, stainless steel appliances, and a large center island, perfect for entertaining or everyday living. Seamlessly flowing into the living and dining areas, the space is ideal for hosting gatherings or enjoying quiet evenings at home. Step outside to the large private yard with lush landscaping and ample space for relaxation or entertaining. The long driveway and detached garage provide generous parking and flexibility, with additional space to accommodate RV and boat parking—an incredibly desirable feature for those needing extra room for recreational vehicles or toys. Adding incredible value is the approximately 750 sq ft ADU, offering endless possibilities perfect for extended family, guests, rental income, or a private office. With its own space and privacy, it’s a rare and highly sought-after feature in today’s market. This home is also equipped with solar panels, offering energy efficiency and potential cost savings. A rare opportunity to own a move-in-ready home with income potential in an unbeatable location, close to top-rated schools, parks, shopping, and dining, this turnkey property truly has it all.
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About Thousand Oaks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017