18 Bel Air Dr
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 |
|---|---|---|---|
| Nov 20, 2024 | Sold | ||
| Sold | |||
| Oct 12, 2024 | In contract | - | |
| In contract | |||
| Oct 9, 2024 | Listed by Redfin Corp. | $449,900 | |
| Listed by Redfin Corp. | |||
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Welcome to 18 Bel Air Dr in Longmeadow, MA, a charming colonial-style home with 3 spacious bedrooms and 1.5 baths. The heart of the home is the custom-designed open kitchen, featuring an island, and oak cabinetry. Enjoy morning coffee or evening relaxation on the screened porch overlooking the large backyard—perfect for gatherings or quiet time. This home is equipped with central air for year-round comfort, and the underground sprinklers make lawn care a breeze. The oversized primary bedroom offers ample space for relaxation. Conveniently located near schools and essential amenities and 91, 18 Bel Air Dr provides a perfect balance of comfort and convenience. Don’t miss the opportunity to make this wonderful property your own!
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| Aug 20, 1998 | Sold | ||
| Sold | |||
| Jun 3, 1998 | Listed by Redfin Corp. | $189,900 | |
| Listed by Redfin Corp. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017