809 Montana 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 |
|---|---|---|---|
| Aug 9, 2023 | Sold | ||
| Sold | |||
| Jul 14, 2023 | Listed by Keller Williams Success Realty | $299,900 | |
| Listed by Keller Williams Success Realty | |||
| | |||
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Welcome to 809 Montana - sitting in the lovely subdivision of Candlewood Trails, this 3 bedroom / 2 bathroom home with an attached 2 car garage is just minutes from downtown Cary, top-rated Cary schools, the Cary Metra, Route 14, and so much more! With recent renovations done to the home, there is absolutely nothing to do but move in. Entering the home you'll notice beautiful hardwood floors, neutral colors, and a sense of pride within the work done. In the kitchen you'll find 42 inch white cabinetry, stainless steel appliances, a tile backsplash, and even enough space for an eat-in area. Aside from the kitchen, the main level is home to the separate dining room, both the living and family room where you'll also find the glass sliding door leading out to your fenced-in backyard - perfect for entertaining guets on game day, friends/family gatherings, or just enjoying a beautiful summer day on your back deck. For those guests you'll also have a newly renovated first-floor full bathroom with a new tile shower, new vanity, new toilet, and new fixtures. And how could you forget first-floor laundry? That's right, no more hauling laundry up/down multiple flights of stairs! Upstairs you'll notice the trend of beautiful hardwood continues in each and every bedroom. There are two spare bedrooms and of course, the very generously sized master suite with a walk-in closet and private access to the second-floor full bathroom that was also completely renovated with a new tile shower and tub, a new vanity, a new toilet, and new fixtures. No stone was left unturned at this lovely home so come see it before it's too late!
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| May 26, 2023 | Sold | ||
| Sold | |||
| Apr 24, 2023 | Listed by Keller Williams Success Realty | $200,000 | |
| Listed by Keller Williams Success Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017