23 Montclair
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 |
|---|---|---|---|
| Apr 14, 2025 | Sold | ||
| Sold | |||
| Feb 3, 2025 | Listed by Coldwell Banker Realty | $3,498,800 | |
| Listed by Coldwell Banker Realty | |||
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Introducing an elegant Northpark Estate home built by Richmond American, nestled in a rare green belt location that offers serene views of a tranquil park complete with a gazebo and water fountain. This remarkable residence features an incredibly versatile floor plan that accommodates up to five bedrooms. The open-concept layout includes a bedroom and full bathroom on the ground floor, an office adorned with beautiful built-in bookshelves, and a picturesque living room highlighted by vaulted ceilings. The expanded dining room boasts French doors, while the chef's kitchen is equipped with a huge island, quartz countertops, upgraded cabinets, a farmhouse sink, a custom tile backsplash, and pendant lights. Connected to the kitchen, the family room features a raised hearth fireplace, built-in cabinetry, and surround sound speakers for an enjoyable atmosphere. Upstairs, three spacious bedrooms await along with a bonus room that can serve as a master retreat, potential fifth bedroom or even a second home office. This home includes numerous upgrades such as custom window coverings, crown molding, wood-look ceramic tile flooring, custom stairs, built-in speakers, and beautifully upgraded bathrooms. The redesigned backyard serves as an entertainer's oasis, complete with a built-in BBQ, tranquil sitting areas, a gas firepit, lush landscaping, and a captivating view of the park. Additionally, the three-car garage provides direct access, epoxy flooring, and high-end built-in storage cabinets. Northpark is renowned for its world-class amenities, including resort-style pools, outdoor cooking stations, three lighted tennis courts, basketball courts, a clubhouse, as well as multiple parks and tot lots, all safeguarded by 24-hour security. Northpark is truly the perfect place to call home, so don’t miss out on this stunning property!
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| Dec 19, 2014 | Sold | ||
| Sold | |||
| Aug 23, 2014 | Listed by Allan S. Justus | $1,374,000 | |
| Listed by Allan S. Justus | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017