56 Montrose Drive
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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 |
|---|---|---|---|
| Jun 24, 2024 | Sold | ||
| Sold | |||
| Apr 18, 2024 | In contract | - | |
| In contract | |||
| Apr 4, 2024 | Listed by Keller Williams Points North | $629,000 | |
| Listed by Keller Williams Points North | |||
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Welcome home to this picture perfect 3 bedroom North Commack Ranch. The setting of this lovely & impeccably maintained home could not be more inviting. Nestled on a fully fenced level property complete with a spacious patio; it's an entertainer's paradise and a private retreat. Sunlight dances through every corner of the main floor, highlighting the pristine hardwood floors that span the living area and all three bedrooms. The designer kitchen, equipped with stainless steel appliances, warm & neutral tones, is the heart of this home. With central air, an in-ground sprinkler system, and a wireless alarm system, comfort and security are guaranteed. Escape to the fully finished basement, boasting an updated full bath, ideal for hosting family and friends. Storage is abundant and includes a laundry room, closets and more. One car garage with a workbench checks the last box on your wishlist. Whether you're starting a family in a top-tier school district or seeking single-level living, this home offers the perfect setting. Simply pack your bags, move in tomorrow, and make memories that last a lifetime!
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| Sep 5, 2019 | Sold | ||
| Sold | |||
| Aug 1, 2019 | Sold | ||
| Sold | |||
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About Commack
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017