Absolutely Gorgeous!! This amazing two-story home is the epitome of
turnkey. The home is nestled in a small and stellar community of
Montclair which provides relaxed style living and beautiful
aesthetics. The curb side appeal of this home is phenomenal with
its landscaping and large 3 car garage. The backyard is spacious,
serene, and an entertainer's delight. It has room for a pool and
spa, kids & pets to play, and parents to entertain and BBQ. It is a
blank slate and ready for your imagination. The home is amazing and
meticulously cared for. Pride of ownership permeates every facet of
this house as it boasts many upgrades and amenities such as; bright
and open floor plan, ceiling fans, stunning vinyl & tile flooring
(no carpet anywhere), baseboards, tall ceilings, recessed lighting,
window treatments, open kitchen with custom quartz countertops and
full backsplash, pantry, upgraded cabinets, stainless steel
appliances, see through and 2 way fireplace, large bedrooms with
full closets, ideal master bedroom with huge walk-in closet, large
loft and so much more. Words and pictures can never convey the
beauty this home and community have to offer, come and see for
yourself!!
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.
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