765 Ivy St
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 19, 2024 | Sold | ||
| Sold | |||
| Feb 8, 2024 | Listed by RE/MAX Alliance | $709,900 | |
| Listed by RE/MAX Alliance | |||
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LOCATION, LOCATION, LOCATION!!! NESTLED IN THE HEART OF THE HIGHLY DESIRED MONTCLAIR NEIGHBORHOOD, YOU CANNOT FIND A BETTER LOCATION. VERY RARE DOULBE LOT, 1/4 ACRE, 10,900 SQUARE FEET. THIS HOME HAS GREAT BONES AND IS PERFECT FOR A SLIGHT REMODEL, POP-TOP OR SCRAPE AND BUILD. THE HOME HAS THREE BEDROOMS, LARGE FAMILY ROOM WITH ADDED SUNROOM, ALLEY KITCHEN, LIVING ROOM AND TWO FIREPLACES. THE BACKYARD IS PRIVATE WITH TREES AND SHRUBS. THE DETACHED 2 CAR GARAGE IS OVERSIZED WITH A BONUS WORKROOM. COVERED BACK PATIO ALLOWS YOU TO STAY OUT THE OF ELEMENTS GOING TO AND FROM THE HOME TO GARAGE. YOU WILL NOT WANT TO MISS THIS AMAZING OPPORTUNITY.
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| Aug 1, 1995 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017