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$248,000
● Multifamily - Off Market

256 Belmont

bedrooms
6 Beds
bathrooms
3 Baths
square feet
2,848 Ft²
$512,655
RealtyHop Estimate
97.25%
Since Nov 1, 2004
National-US
Primary Model

About This Property

3 FAMILY WITH FENCED INYARD, NEW PLUMBING, ELECTRIC, MODERN BATHS & KITCHENS. 1ST FLOOR HAS LOTS OF NATURAL WOODWORK. BEAUTIUFL KITCHEN WITH SPIRAL STAIRS LEADINg to a finish lower level. NOT A DRIVE BY.
Unit Size
2,848 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$91
Property Type
Multifamily
Property Taxes
$139
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 5 years ago (MLSPIN #70050638)

Price History

Date / Event Date Event Price
Oct 22, 2004 Sold
Premium
Sold
Jun 16, 2004 Listed by Sandra J. Edwards $259,900
Listed by Sandra J. Edwards

Property Highlights

Parking Available
Parking Details
Parking Features: On Street
Interior Details
Full Bathrooms: 3
Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Gas Water Heater
Flooring Type: Tile, Vinyl, Carpet
Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 3 Laundry Room
Rooms: 14
Basement: Full, Partially Finished
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: 3 Family
Stories (Total): 6
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Enclosed, Deck
Lead Paint: Unknown
Lot Features: Other
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Zoning: RES
Parcel Number: 1778673
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $103,100
Tax Annual Amount: $1,666
Utilities Details
Heating Type: Unit 1(Hot Water Baseboard), Unit 2(Hot Water Baseboard), Unit 3(Hot Water Baseboard)
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Public Transportation, Shopping, Park

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 70050638
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