6639 Armour Drive
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 |
|---|---|---|---|
| Apr 26, 2018 | Sold | ||
| Sold | |||
| Mar 1, 2018 | Listed by John Carroll, Broker | $665,000 | |
| Listed by John Carroll, Broker | |||
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Montclair hills home with spectacular views! You must see this home to appreciate this hidden jewel located on a quiet tree-lined street! Beautiful living space to relax and unwind after a busy day. Although you feel like you're on vacation in these hills you are conveniently close to the city. This home is up the road from Montclair village which hosts Sunday farmers market and is full of quaint coffee shops and restaurants. It is 2.6 Miles from Rockridge Bart station which makes getting into any of the surrounding cities a breeze. This home is surrounded by trails and regional parks perfect for hiking, biking and being outdoors! Updated home with new windows and doors, kitchen and bath upgrades, fresh paint and space to add on! Amazing opportunity to purchase a single family home.
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| Apr 22, 2016 | Sold | ||
| Sold | |||
| Mar 22, 2016 | Listed by Golden Gate Sothebys International Realty | $459,000 | |
| Listed by Golden Gate Sothebys International Realty | |||
| Apr 25, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017