653 MONTCLAIR AVE
About This Property
This spacious and lovely home has so much to offer. Hardwood Flooring greets you ad you enter the spacious living room. The freshly painted dining room and living room are full of sunlight. The lower level offers a family room and large utility and storage room. The upper level features a spacious master bedroom , 2 additional bedrooms with good closet space and a full bathroom. You will love the fenced in yard with patio.
The roof and HVAC are about 12 years new. Schedule your tour today.
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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 15, 2023 | Sold | ||
| Sold | |||
| Nov 25, 2022 | Listed by RE/MAX Of Cherry Hill | $229,500 | |
| Listed by RE/MAX Of Cherry Hill | |||
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About Oak Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017