1621 BELVEDERE BLVD
About This Property
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Three levels, new paint everywhere both inside and out, new windows, 2 HVAC/AC systems, fresh landscaping, modern black fixtures, new nest thermostat, doorbell, washer & Dryer, freshly stained original hardwood on the middle floor, new carpet on the top floor master bedroom, new LVP flooring throughout basement level, new lighting throughout with most being recessed LED's, new baseboards, new door handles-hinges-door stoppers, decor light panel switches, all new receptacles, registers, and smoke detectors. Practically everything has been modified or replaced. (All recessed Lights are currently set at 5k/Daylight , they are adjustable and can be set to 4K/Natural white or 3k/warm white color light as well)
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The kitchen has new LG steel appliances, quiet garbage disposal, Carrara style subway tile backsplash, Viscon white granite, new soft close shaker cabinets equipped with modern cabinet pulls, and independent recessed lights.
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All Bathrooms have been fully renovated with marble/granite/quartz vanity tops, shaker style vanity, mirrors, duel flush toilets, lighting, new tile, and new faucet/fixtures.
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The Master Bathroom has Carrara tile featuring marble accent stripe, marble shower flooring with recessed marble/tile shower niche, large shower head with wand, and Grey Madison tile flooring.
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The main bathroom has a new tub with modern grey Madison tile highlighting a hexagon marble accent stripe and shower niche. The floor is Carrara tile.
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The basement bath has standing shower including a bench! It has grey Madison tile accented with textured Wavey tile, floor and shower niches are marble, the flooring is Carrara tile.
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Professional photos coming
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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 |
|---|---|---|---|
| Nov 12, 2024 | Sold | ||
| Sold | |||
| Oct 17, 2024 | In contract | - | |
| In contract | |||
| Sep 10, 2024 | Listed by NetRealtyNow.com, LLC | $719,999 | |
| Listed by NetRealtyNow.com, LLC | |||
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About Forest Glen
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017