49 Montrose Drive
About This Property
Roomy 2 bedroom / 2 bath has recently installed new subflooring, luxury vinyl flooring and solid wood base board in all rooms except the bathrooms.
Large living room opens to dining with new ceiling fans, Built in hutch in dining. Family room with wood stove. Kitchen has breakfast bar, new oven and pantry. Inside laundry room. Landscaped yard with sprinklers. Freshly painted deck and work shop. Long carport. New gutters . Driveway from Montrose to Kelly Ridge Rd. RV parking with 30 amp electric and full hook ups. Plus more parking space in the back.
Energy efficient double pane windows. Fenced and gated back yard. 200 amp electrical service. Large deck with mountain views.
This is one of the nicer low care landscaped lots in Kelly Ridge. Come take a look!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 3, 2025 | Sold | ||
| Sold | |||
| Feb 5, 2025 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Relisted | $272,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Sep 13, 2024 | Listed by Bidwell Realty | $272,000 | |
| Listed by Bidwell Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017