Listed by: Kelly Knight, [email protected], Brown Harris Stevens New Jersey, (973) 744-6033, Listing Courtesy of NJMLS
$1,825,000
●
House -
Off Market
3 Sutherland Road
Montclair, NJ 07042
4 Beds
3 Baths
$10,513
Est. Monthly
1.45%
Cap Rate
About This Property
Experience perfection in this 4BR/3BA Mid-Century Modern gem Step
into a contemporary showpiece with living room featuring 12-ft
ceilings and floating gas fireplace. Stunning eat-in chef's kitchen
w/ bespoke cabinetry, Wolf stovetop, Kitchen Aid double oven &
fridge, Fischer Paykel dishwasher. Large center island with quartz
countertop overlooks the beautifully landscaped property. Step down
to the formal dining area & inviting family room featuring radiant
heated floors, gas fireplace, and sliders to outdoor oasis. A
spacious BR and full BA complete the ground level. Upstairs find 2
generous BR, hall bath, & restful primary BR w/ensuite bath,
radiant heat & towel warmer. Finished lower level provides flex
space for rec room, gym, or office. An expansive, fully fenced yard
offers areas for al/fresco entertainment, including a
pergola-covered lounge area & standalone art studio w/ heat/AC.
Hardwood floors, Sonos I/O speakers, EV charging station & Pella
windows & doors throughout.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,552
HOA Dues
-
Year Built
1962
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (NJMLS #24030092)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 6, 2024 | Sold | ||
| Sold | |||
| Sep 28, 2024 | In contract | - | |
| In contract | |||
| Sep 17, 2024 | Listed by Brown Harris Stevens New Jersey | $1,399,000 | |
| Listed by Brown Harris Stevens New Jersey | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Essex
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Kelly Knight
Brown Harris Stevens New Jersey
Last Updated: 2 years ago
Data Source: NJMLS , MLS# 24030092
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RHP Realty NJ, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
Brown Harris Stevens New Jersey
Last Updated: 2 years ago
Data Source: NJMLS , MLS# 24030092
All information deemed reliable but not guaranteed.© 2026 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017