6131 MONTROSE ROAD
About This Property
Step inside to bright, sun-filled living spaces and a stunning renovated kitchen featuring sleek countertops, stainless steel appliances, and all-new cabinetry. Designed for both comfortable everyday living and effortless entertaining, the main level offers formal living and dining areas, two spacious bedrooms, and a full bath. Upstairs, retreat to the private owner's suite featuring a spa-inspired en-suite bathroom and two walk-in closets. The fully finished lower level provides exceptional flexibility with additional living space, a full bath, garage access, and endless possibilities for a guest suite, home office, gym, media room, or recreation area. Outside, enjoy your own private backyard retreat complete with a patio and lush landscaping - perfect for relaxing or entertaining. Ideally located in the welcoming community of Cheverly, just minutes from parks, shopping, schools, and major commuter routes.
Schedule your private tour today and experience everything 6131 Montrose Rd has to offer!
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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 |
|---|---|---|---|
| Jul 16, 2026 | Sold | ||
| Sold | |||
| Jun 24, 2026 | In contract | - | |
| In contract | |||
| Jun 16, 2026 | Price Decreased |
$499,000
↓ $30K
(5.7%) | |
| Price Decreased | |||
| Jun 10, 2026 | Price Decreased |
$529,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Jun 4, 2026 | Price Decreased |
$539,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017