5980 McAndrew 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 |
|---|---|---|---|
| Mar 15, 2019 | Sold | ||
| Sold | |||
| Feb 14, 2019 | Listed by COMPASS | $2,395,000 | |
| Listed by COMPASS | |||
| Nov 17, 2017 | Sold | ||
| Sold | |||
| Oct 27, 2017 | Listed by COMPASS | $995,000 | |
| Listed by COMPASS | |||
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Opportunity Knocks! Fantastic opportunity to update and restore – bring your contractors and architects to this Piedmont Side of Montclair 1940’s Traditional. Great floor plan, with spacious public rooms including a family room on the main level and 4 bedrooms up that with 2 master suites, 2 additional bedrooms and guest bath. Lower level has a bedroom, bath and plus room with separate entrance. Outdoor spaces include patios, view filled decks, and terraced yard spaces and gardens. Two car garage is accessed from a Cul de sac at 6212 Estates Drive. Charmed location that is conveniently located to Montclair Village, Hwy 13 & 24 and within minutes of College Ave and Rockridge BART.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017