5647 Cabot Dr.
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 |
|---|---|---|---|
| Feb 24, 2025 | Sold | ||
| Sold | |||
| Jan 16, 2025 | Listed by Compass | $1,445,000 | |
| Listed by Compass | |||
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Welcome to 5647 Cabot Drive! Nestled in a prime low-down location, this 1930s traditional home has been tastefully updated to offer the perfect blend of architectural elegance and contemporary convenience. Measuring 2957+/- sf, this home boasts a flexible floor plan with 4 bedrooms, 3 bathrooms. The main level invites you into a cook's dream eat-in kitchen. Formal dining and living room offer serene tree vistas for a tranquil atmosphere. Upstairs find the primary retreat among the four bedrooms, offering a private sanctuary for relaxation. The mid-level family room, complete with a wet bar, provides a versatile space. The lower level is a haven for flexibility with options for an au-pair suite, guest quarters, or in-law accommodations with well integrated interior access, as well as a separate entrance. Potential to build out the second room with sink to a full kitchen and laundry. Private outdoor spaces, including a main level deck, fruit trees and mature landscaping. The level backyard features an entertaining deck and adjacent lawn area. Interior access to two-car garage, air conditioning, and storage. Located within minutes of Montclair Village, this home offers an easy stroll to restaurants, stores, award winning elementary schools, library, and public transportation.
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| Mar 28, 2014 | Sold | ||
| Sold | |||
| Feb 19, 2014 | Listed by COLDWELL BANKER RESIDENTIAL | $879,000 | |
| Listed by COLDWELL BANKER RESIDENTIAL | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017