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6 Claremont Place
About This Property
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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 |
---|---|---|---|
Jun 28, 2024 | Sold | ||
Sold | |||
Apr 30, 2024 | In contract | - | |
In contract | |||
Apr 17, 2024 | Listed by Prominent Properties Sotheby's International Realty-Montclair | $739,000 | |
Listed by Prominent Properties Sotheby's International Realty-Montclair | |||
Jul 5, 2011 | Sold to James J Cozzarelli, Meredit... | ||
Sold to James J Cozzarelli, Meredit... | |||
May 10, 2005 | Sold to Avidan Cover, Lora Cover | ||
Sold to Avidan Cover, Lora Cover |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
04/17/2024
| |
3 Bed
|
2 Bath
|
-
|
$739,000
3 Bed
2 Bath
|
$885,000
+19.76%
06/28/2024
|
-
|
STEPHANIE RADECKI
PROMINENT PROPERTIES SIR
|
Building Info
