404 Montgomery Rd
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 |
|---|---|---|---|
| Aug 26, 2016 | Sold | ||
| Sold | |||
| May 3, 2016 | Listed by Real Broker MA, LLC | $89,900 | |
| Listed by Real Broker MA, LLC | |||
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Wonderful and convenient country location in NW Westfield, with easy and quick access to town and the Mass Pike. Plenty of room with a great open meadow that gently slopes up to the building site which sits back off the road nestled into the hill where the perc tests are. Bring your plans and bring your builder, there is still time to build this year! The lot is 1/4 mile up from Russellville Rd intersection, and is located to the right of 402 Montgomery Rd.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017