7 Montclair Dr
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 |
|---|---|---|---|
| Jun 30, 2021 | Sold | ||
| Sold | |||
| Apr 15, 2021 | Listed by Berkshire Hathaway HomeServices Page Realty | $475,000 | |
| Listed by Berkshire Hathaway HomeServices Page Realty | |||
| Dec 22, 2014 | Sold | ||
| Sold | |||
| Aug 18, 2014 | Listed by Berkshire Hathaway HomeServices Evolution Properties | $299,900 | |
| Listed by Berkshire Hathaway HomeServices Evolution Properties | |||
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Move In Ready - spacious four bdrm, 2.5 bath colonial. Home features include large cabinet packed kitchen w/solarian flooring & island open to dining area. Great room (24x16) has a full wall fireplace w/ blower to circulate heat on cold winter days, built in shelving & slider to the expansive deck that looks out on a large private backyard. Wall A/C cools entire 1st flr. Newer carpet. Brand new septic!! 2nd level has a large master bdrm (25x17) w/updated master bath. The two other bathrooms in the home have been updated w/new vanities & fixtures. Professionally landscaped. Easy in/out horseshoe driveway. Economical & newer gas furnace in 2008 & water heater in 2006. Large & unfinished walk out basement w/cedar closet just waiting for your ideas. Close to train for easy access to Boston/Providence. Minutes to Rt 95. Great cul de sac neighborhood & incredible space make this the perfect home!! VRM Pricing- seller will entertain offers between $299,900 and $329,900
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| Jun 13, 1988 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017