770 Claremont 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 |
|---|---|---|---|
| Jul 23, 2021 | Sold | ||
| Sold | |||
| Jun 21, 2021 | Listed by Coldwell Banker Realty | $998,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
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Beautiful single story home in most desirable neighborhood, within walking distance to charming downtown Morgan Hill. Updated throughout to include quartz countertops, stainless steel appliances (refrigerator is included), huge kitchen island that's open to the family room and dining room. You'll enjoy hardwood flooring, crown moulding, copper piping, recessed lighting, plantation shutters, and new front yard landscape. Spacious indoor laundry room (washer and dryer included), and updated bathrooms, to include newer fixtures, toilets and sinks. Newer A/C and duct work. Large, peaceful backyard with raised planter beds and mature fruit trees. All that's missing is you. Isn't it time you loved where you live?
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| Dec 4, 2018 | Sold | ||
| Sold | |||
| Oct 9, 2018 | Listed by Coldwell Banker Realty | $899,000 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017