246 Belchertown
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 |
|---|---|---|---|
| Jun 12, 2025 | Sold | ||
| Sold | |||
| Apr 30, 2025 | In contract | - | |
| In contract | |||
| Feb 15, 2025 | Listed | $320,000 | |
| Listed | |||
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This home has everything you need all located on one level! Walk into the 2 car garage area which has 2 car garage plenty of room for storage and even more storage above garage. As you walk into the house off the garage is your dining room for entertaining guests. Walk out the slider onto your composite deck and enjoy your morning coffee or back yard bbq's while overlooking your private back yard, The kitchen is located just off the dining area and leads to your living area with access to your basement. Walk out of the living room and head to one of the 3 bedrooms and full bathroom. The roof is approximately 9 years old and has solar panels for additional source of cost savings for electricity. Plenty of off street parking in the driveway and close to all your amenities. Relax and enjoy being outside viewing the beautifully landscaped gardens with apple, peach and magnolia trees, hydrangeas, yellow and pink roses and much more. This home is a perfect location for an in home business.
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| Jan 27, 2021 | Sold | ||
| Sold | |||
| Nov 20, 2020 | Listed by Gravel Real Estate Associates | $225,000 | |
| Listed by Gravel Real Estate Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017