40 Montvale Road
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 |
|---|---|---|---|
| Mar 23, 2020 | Sold | ||
| Sold | |||
| Jul 22, 2019 | Sold | ||
| Sold | |||
| Oct 27, 2005 | Sold | ||
| Sold | |||
| Sep 14, 2005 | Listed by Capital Residential Real Estate | $269,900 | |
| Listed by Capital Residential Real Estate | |||
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This immaculate three bedroom ranch has been completely rehabed in the last three years. New roof, windows, doors and central air conditioning. New ceramic tile and oak cabinets in kitchen. Master bedroom is double sized with huge closet. Third bedroom is currently being used as a recreation room. Lots of room to entertain. Also has a one car garage and storage shed. Near Cardinal Spellman.
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| Jun 30, 2002 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017