219-S 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 |
|---|---|---|---|
| Sep 18, 2020 | Sold | ||
| Sold | |||
| Apr 22, 2020 | No longer available | - | |
| No longer available | |||
| Mar 12, 2020 | Listed | $535,000 | |
| Listed | |||
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A prized historic gem with legal apartment and over 2 acres of private, park-like grounds with Goshen stone patio & pond, 3 car garage has 2 - 3 bedroom apartment above with extra room in attic and screened porch off back. Large out-building serves as storage/barn with heated work-shop with electricity. Character and charm are endless in this one of a kind beauty. Lots of original wood work, huge mud room, full bath and room to add 1st floor bedroom. Arched doorways, huge eat-in kitchen with storage pantry, enclosed porch and two staircases. Updates include, bathrooms, kitchen, electrical, windows, siding, Did I mention the INCOME from apartment !! This is truly a unique property with so much to offer. Easy access to MA Pike too. Come be mesmerized by the effortless blending of old world charm with upscale contemporary upgrades. Current tenant been there for 10 years. The manager has listed the unit size as 4076 square feet.
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| Mar 1, 2020 | Listed by RE/MAX Compass | $499,900 | |
| Listed by RE/MAX Compass | |||
| Nov 20, 2006 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017