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7214 Montego Drive
About This Property
Experience modern luxury in this fully renovated 5-bedroom, 2.5-bath home where every detail has been thoughtfully designed. This stunning residence features a spacious 2-car garage, the convenience of two laundry rooms (one on each level), and all brand-new stainless steel appliances, including the refrigerator.
Enjoy abundant natural light through brand-new energy-efficient windows, beautifully updated finishes throughout, and an open, inviting floor plan perfect for both everyday living and entertaining. Step outside to a large, private backyard enclosed by a beautiful privacy fence-ideal for outdoor gatherings, play, or peaceful evenings at home.
Move-in ready with designer-inspired updates from top to bottom, this exceptional home offers the perfect blend of elegance, comfort, and modern convenience.
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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 |
|---|---|---|---|
| Oct 3, 2026 | Price Decreased |
$429,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Aug 26, 2026 | Price Decreased |
$439,000
↓ $10K
(2.2%) | |
| Price Decreased | |||
| Jul 29, 2026 | Price Decreased |
$449,000
↓ $10K
(2.2%) | |
| Price Decreased | |||
| Jul 20, 2026 | Price Decreased |
$459,000
↓ $15K
(3.2%) | |
| Price Decreased | |||
| Jul 17, 2026 | Listed by All City | $474,000 | |
| Listed by All City | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017