42 W 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 |
|---|---|---|---|
| Jun 22, 2022 | Sold | ||
| Sold | |||
| May 12, 2022 | Listed by CB&A, Realtors | $425,000 | |
| Listed by CB&A, Realtors | |||
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Welcome home to this beautifully updated 2-story home in The Woodlands, Montfair neighborhood. Great curb appeal with a balcony and spacious front porch! The 2-story entry is adorned with a beautiful updated chandelier. Off the entry you have an open living room, kitchen, and dining room with plenty of natural light. This is a wonderful home for entertaining! Engineered hard wood floors flow throughout the home with tile in the wet areas. NO carpet! Spacious kitchen with an oversized island, plenty of cabinets, and lots of counter space for food prep. Stainless steel appliances. ALL bedrooms up. The upstairs game room opens to the spacious balcony overlooking Montfair Boulevard. UPDATES: Backyard Fence 2018, Garage Door 2019, HVAC 2020, 50 Gallon Gas Water Heater 2022. Back alley access to the garage. Walking distance to Exemplary Deretchin Elementary, park, shopping, and restaurants. Lovingly maintained by the original owners.
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About The Woodlands
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$5,700 /mo
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$6,250 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017