1
Map
7 Montclair Cir
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 |
|---|---|---|---|
| Sep 14, 2018 | Sold | ||
| Sold | |||
| Aug 9, 2018 | Listed by Universal Property Management | $389,900 | |
| Listed by Universal Property Management | |||
| Oct 21, 2011 | Sold | ||
| Sold | |||
| Aug 16, 2011 | Listed by Coldwell Banker Realty - Newton | $299,900 | |
| Listed by Coldwell Banker Realty - Newton | |||
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Move right in to this 3 bedroom ranch. New roof, vinyl siding, new windows, patio, front walkway. New kitchen cabinets, appliances, counters. New furnace, hot water tank, central a/c. New bathroom, updated plumbing, decorative cabinet. New lighting fixtures. Freshly painted interior. Refinished hardwood floors. Nothing left to do but move in.
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| Dec 28, 2010 | Sold | ||
| Sold | |||
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