8 Clairidge Ct
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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 |
|---|---|---|---|
| Jul 23, 2022 | No longer available | - | |
| No longer available | |||
| Jun 11, 2022 | In contract | - | |
| In contract | |||
| May 27, 2022 | Listed by KELLER WILLIAMS REALTY | $659,000 | |
| Listed by KELLER WILLIAMS REALTY | |||
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Be prepared to walk into a warm, welcoming home on a desirable street in Montclair, where quintessential Montclair homes surround their own private island.You enter into a sunlit enclosed sun porch entry, where you can sit and look out and enjoy the weather. Enter into the living room and be greeted with a wood burning fireplace, hardwood flooring and beautiful molding. An adjoining sunroom, with french doors, is flanked by windows on 3 sides, allowing you to soak up the sunshine and relax. The DR, which is right off the updated galley kitchen with granite countertops, welcomes vivid conversations and gatherings. 3 bedrooms and a bath are on the 2nd level, with a 4th bedroom awaiting your guests in the finished attic. A brand new garage, fully finished and heated, is the perfect WAH space, studio or exercise room. Solar panels, new windows, large backyard with beautiful plantings, and many improvements show the love that has been poured into this home. Near Brookdale Park, Watchung train station, schools and stores, this Montclair beauty awaits its new family.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017