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3255 Montrose
About This Property
The kitchen is designed around a large island, great for prep space and serving as a natural gathering hub. Includes all appliances: a stainless-steel double oven, microwave, refrigerator, and dishwasher.
Additional features include two nicely sized bedrooms, a dedicated laundry room with washer and dryer, central air and heat, and a wide driveway that wraps around to the back of the home. A comfortable home with a practical layout, ready for its next chapter.
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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 |
|---|---|---|---|
| Oct 6, 2026 | Sold | ||
| Sold | |||
| Aug 28, 2026 | In contract | - | |
| In contract | |||
| Aug 11, 2026 | Listed by New Beginnings Real Estate Group | $875,000 | |
| Listed by New Beginnings Real Estate Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017