8 MONTCLAIR 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 |
|---|---|---|---|
| Dec 15, 2023 | Sold | ||
| Sold | |||
| Oct 18, 2023 | In contract | - | |
| In contract | |||
| Oct 11, 2023 | Price Decreased |
$385,000
↓ $15K
(3.8%) | |
| Price Decreased | |||
| Sep 28, 2023 | Listed by KW Platform | $400,000 | |
| Listed by KW Platform | |||
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Fabulous Find! This delightful 5-bedroom, 2.5-bathroom colonial home is nestled on a picturesque lot in Burnt Hills Schools. Step into the gracious living room, with a picture window, wood floors and a cozy gas fireplace. The kitchen has been tastefully updated and boasts ample countertop space and cabinetry, making it ideal for any chef. The primary bedroom suite is a haven of comfort, showcasing a beautifully remodeled bathroom and a walk-in closet complete with custom built-ins. Updates include, air conditioning, furnace (2022), replacement windows, siding, baths and much more. Entertain loved ones on the spacious deck or unwind on the welcoming front porch. Welcome Home!
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| Jul 20, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017