228 Bellvale Lakes 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 |
|---|---|---|---|
| Aug 14, 2025 | Sold | ||
| Sold | |||
| Jun 8, 2025 | In contract | - | |
| In contract | |||
| May 14, 2025 | Listed by Howard Hanna Rand Realty | $700,000 | |
| Listed by Howard Hanna Rand Realty | |||
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This stunning property at 228 Bellvale Lakes Road offers a picturesque setting and is truly designed for both comfortable living and gracious entertaining. The inviting living room features gleaming hardwood floors, vaulted ceilings, a cozy wood-burning fireplace, and skylights, creating a wonderful space for guests. The adjacent dining room, with its elegant hardwood floors, provides a seamless transition to a gorgeous private patio through sliding doors. The kitchen is thoughtfully designed with an abundance of cabinets, tile flooring, granite countertops, and stainless steel appliances (including 2 ovens), maximizing both style and functionality. The first floor also includes a versatile bonus room, a bedroom, and a full bathroom. Upstairs, the serenely simple master suite offers a spacious yet intimate retreat. The remaining bedrooms are generously sized and feature ample closet space. The finished lower level provides valuable additional living and storage areas. Nestled on two acres of beautiful, park-like property with stunning landscaping, this home is perfect for outdoor enjoyment. Entertain on the back deck and patio during the warmer months, and extend your outdoor season with the charming outdoor fireplace and hot tub. Conveniently located close to skiing, the village of Warwick, Greenwood Lake, the Appalachian Trail, and transportation to NYC, this home truly offers the best of all worlds.
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| Aug 31, 2015 | Sold | ||
| Sold | |||
| Jul 16, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017