22 Montvale 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 |
|---|---|---|---|
| Feb 28, 2013 | Sold | ||
| Sold | |||
| Jan 2, 2013 | Listed by Costello Realty Group, Inc. | $394,900 | |
| Listed by Costello Realty Group, Inc. | |||
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MOVE IN READY! This SUNNY raised ranch has been COMPLETELY RENOVATED. Updates include NEW ROOF, WINDOWS, DOORS, DRIVEWAY, LANDSCAPING, FURNACE, CENTRAL A/C, HW FLOORS, ELECTRIC SERVICE, PLUMBING and MORE! BRAND NEW KITCHEN with ENERGYSTAR STAINLESS STEEL APPLIANCES and GRANITE countertops. 2 new FULL BATHS, DETACHED GARAGE and LEVEL YARD complete the package. This house is LIKE NEW CONSTRUCTION and convenienty located close to highways, commuter rail, bus route, area shopping & amenities.
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| Aug 6, 2012 | Sold | ||
| Sold | |||
| May 10, 2012 | Listed by Classified Realty Group | $230,900 | |
| Listed by Classified Realty Group | |||
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