422 Martha Lane
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 |
|---|---|---|---|
| Apr 2, 2024 | No longer available | - | |
| No longer available | |||
| Mar 25, 2024 | Sold | ||
| Sold | |||
| Jan 16, 2024 | Listed by PEND Realty | $315,000 | |
| Listed by PEND Realty | |||
| | |||
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Charming brick front cape cod on corner lot with true southern charm just minutes from Augusta Nationals. This beautifully maintained and recently renovated property has a lot to offer. Starting with new roof, new siding, new flooring, new privacy fence, new windows and doors, Fibrex, composite material, Renewal by Andersen windows, including a 20 year transferable warranty. renovated kitchen (new range, counters, and backsplash), and upstairs renovated bathroom. Home has a screened in porch with a fire pit and built-in green egg grill including prep station ready for entertainment. The primary suite is located on the first level with a walk-in closet and ensuite bathroom. Upstairs secondary bedrooms boast jac-n-jill bathrooms. The home has huge Masters rental potential and would be a great long-term investment. There is no HOA fee, and house has access to the Montclair parks, two of them, and community pool! This home WILL NOT LAST LONG, so contact us today for a showing! The manager has listed the unit size as 1700 square feet.
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| Jan 5, 2024 | Listed by PEND Realty, LLC | $300,000 | |
| Listed by PEND Realty, LLC | |||
| Nov 16, 2022 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017