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403 MONTCLAIR Road
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 12, 2026 | Sold | ||
| Sold | |||
| May 1, 2026 | In contract | - | |
| In contract | |||
| Mar 26, 2026 | Price Decreased |
$1,500,000
↓ $250K
(14.3%) | |
| Price Decreased | |||
| Jan 15, 2026 | Price Decreased |
$1,750,000
↓ $248K
(12.4%) | |
| Price Decreased | |||
| Jun 13, 2025 | Listed by Intero Real Estate Services | $1,998,000 | |
| Listed by Intero Real Estate Services | |||
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Welcome to 403 Montclair Road, an incredible opportunity to build your dream home in one of the most prestigious neighborhoods in Los Gatos with award winning schools. Surrounded by multi-million dollar estates, this spectacular land is nestled in a serene and private setting just minutes from downtowns Los Gatos and Saratoga with some of Bay Areas finest dining and shopping experiences. Enjoy proximity to award winning schools, scenic trails, and recreational hotspots such as Vasona Lake Park and Los Gatos Creek Trail. Easy Silicon Valley Commute with minutes to major Tech Hubs. Seller has invested significant time and resources into architectural plans, engineering, and the prior permit approval process, providing valuable groundwork for a future builder. Create your perfect retreat in the heart of Silicon Valley. This one is a MUST SEE! The picture is a 3D Plan for the future home to be built. Owner financing may be available.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017