8 Montclair Road
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 12, 2024 | Sold | ||
| Sold | |||
| Jun 15, 2024 | In contract | - | |
| In contract | |||
| Jun 10, 2024 | Listed by Realty Select One | $175,000 | |
| Listed by Realty Select One | |||
| May 24, 2024 | Listed by Realty Select One | $187,000 | |
| Listed by Realty Select One | |||
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Priced ready to sell - 3 bed, 1.5 bath, 1 car attached garage all brick home on a quiet street in a desirable Urbana neighborhood. Close to UIUC and bus stop. The center of focus, when you walk in the front door, is the beautiful mid-century looking brick fireplace. The living room/dining room combo allows for great space. 3 nice size bedrooms. Kitchen has an abundance of cabinets and room for a small kitchen table. Roof, HVAC, H2O Heater were all replaced approx. 15 years ago. And almost all new windows. Large park-like backyard that is almost completely fenced. Lots of potential! This home has been pre-inspected for the buyers to view.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017