656 Montage Road
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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 |
|---|---|---|---|
| May 10, 2024 | Sold | ||
| Sold | |||
| Jan 18, 2024 | Listed by Coldwell Banker Realty | $895,000 | |
| Listed by Coldwell Banker Realty | |||
| Sep 2, 2022 | Sold | ||
| Sold | |||
| Aug 9, 2022 | Listed by Coldwell Banker Realty | $899,750 | |
| Listed by Coldwell Banker Realty | |||
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You've arrived at Montage Road in Rancho Del Oro Village, a neighborhood with notable character and numerous features. Wide roads and well-apportioned homes line this lovely street that exudes value with a friendly atmosphere. If space is what you're looking for, you've come to the right place. 3 car garage, voluminous ceilings in the entry, living room, and primary bedroom. A modern front door with opaque glass and upscale California-style wrought iron design leads you past a socially inviting living/dining area, and opens to a cozy family room. All are socially connected to a kitchen with a large box bay window, Corian counters, well-appointed appliances, and plenty of storage all bathed in sparking light. The back yard has synthetic grass and large patio with dining and lounging areas. Everything is rimmed by a tasteful stack-stone rock wall with quick access back to the kitchen for easy entertaining and connection to your family and guests. Primary bedroom with vaulted ceilings and closet with silver framed opaque glass sliding doors. LVP flooring downstairs. Primary bath is spacious with double sink, large soaking tub and frameless glass shower enclosure. This home is bathed in light with modern chandeliers and lots of windows. Entertaining is easy and natural in this well-designed floor plan. The inviting spacious 3-car garage will accommodate most projects. Building a work area or bike storage will make life easier with so many options for efficiency. Visit this lovely and versitile home today where living is easy and comfort abounds.
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About Ivey Ranch - Rancho Del Oro
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017