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46 MONTICELLO DRIVE
About This Property
Inside, you'll find a spacious layout featuring a finished basement, providing additional living space for entertaining, a home office, gym, or recreation room. Pride of ownership is evident throughout, making this home truly move-in ready.
Major updates include the roof, HVAC system, and water heater, all approximately 5–6 years old, offering added peace of mind for the next owner.
The property also includes a lawn sprinkler system.
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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 27, 2026 | Sold | ||
| Sold | |||
| Jul 29, 2026 | In contract | - | |
| In contract | |||
| Jul 16, 2026 | Listed by Keller Williams Realty - Washington Township | $399,900 | |
| Listed by Keller Williams Realty - Washington Township | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017