31 E Montfair Boulevard
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%.
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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 15, 2022 | Sold | ||
| Sold | |||
| Jul 22, 2022 | Listed by CB&A, Realtors | $398,000 | |
| Listed by CB&A, Realtors | |||
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Welcome home to this lovely well maintained 1-story brick home on a corner lot in Sterling Ridge's Montfair. The home has a wonderful open floor plan with the kitchen overlooking the living room and opening to the formal dining room. The kitchen includes stainless steel appliances, custom organization systems in the cabinets and the pantry, a sunny breakfast nook, and a bar. What a great home for entertaining family and friends! Tile flooring throughout the common areas. The nicely sized backyard has new fencing, room for outdoor grilling. The primary bedroom features double sinks, granite countertops, walk in closet, separate shower and tub. The home is located walking distance to the highly acclaimed Deretchin Elementary School, the neighborhood park, restaurants, and shopping. NEW microwave, NEW dishwasher, NEW disposal in sink, NEW spray faucet, NEW fiberglass fireplace logs, and new patio double door. To top it off the home has a brand NEW roof, NEW water heater, and NEW HVAC!
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About The Woodlands
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017