2274 Montrose Drive
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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 13, 2020 | Sold | ||
| Sold | |||
| Apr 30, 2020 | Listed by Aviara Real Estate | $985,000 | |
| Listed by Aviara Real Estate | |||
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Welcome home to this beautiful single-story beauty on a quiet street in a family friendly neighborhood ready for any buyer! 5 bedrooms, 3 full bathrooms and approximately 2,275 square feet of interior living space make this home perfect for any buyer. Enjoy an open floor plan, spacious entryway with wood flooring throughout common areas. Kitchen has substantial counter and storage space and a dine-in area. Traditional living room has a brick fireplace and additional dining space. From the street view, the right side includes the master suite & bath, two bedrooms and a full bath in the hallway. On the left are two additional bedrooms and a full bath, with additional privacy, ideal for an in-law suite or simply more space. In addition to the traditional living room is a cozy family room with direct access to the two car garage. The garage has a roll-up door for easy access to the 11,203 square foot lot. The backyard includes a spectacular covered patio with double-wide doors for indoor/outdoor entertaining. Landscaping includes plenty of fruit trees, a water feature, charming bridge and privacy. Additional amenities include bay windows throughout, recessed lights, new paint and carpet, and multiple skylights. Close to schools, parks and shopping.
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About Thousand Oaks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017