25 Monticello Dr
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 24, 2023 | Sold | ||
| Sold | |||
| Feb 7, 2023 | In contract | - | |
| In contract | |||
| Jan 18, 2023 | Listed by Compass | $484,900 | |
| Listed by Compass | |||
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Gardeners Paradise in a great neighborhood location. Home sits on 1.1 acres designed with perennial gardens, trees & wildlife passing through. Every home has a story and this one is no different, recently purchased for family, upgrades completed, and plans changed. Now a new family gets to enjoy the fruits of the sellers labor. The kitchen has been updated with painted cabinetry, new appliances, & the flooring has been redone. Creating a unique set up, one of the three bedrooms has been changed into a full time dining room, which could easily be changed back to a bedroom if desired. The lower level of this home offers a space that could be used in a variety of ways - a family room, gym, playroom, craft space or a Primary bedroom, which was how the space was used by the previous owners. A propane fueled whole house generator will keep you warm & your groceries cold in the event of a power outage. This home is ready for its new owner to add their personal touches and make it their own!
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| Aug 31, 2022 | Sold | ||
| Sold | |||
| Aug 9, 2022 | Listed by Compass | $399,900 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017