2807 BELLEVIEW
About This Property
The main level is completed by a well-appointed bedroom and full bath, ideal for guests, extended stays, or multigenerational living. Upstairs, the primary suite offers a tranquil retreat overlooking the rear yard, complete with two closets and a private spa-inspired bath featuring two striking showers. Three additional bedrooms and a fully renovated hall bath complete the upper level.
The fully finished lower level provides exceptional flexibility with open space perfect for a den, game room, home office, or fitness area, along with a dedicated laundry area. New roof, new HVAC, etc.
Set on a generous 0.3-acre lot, the property features a large driveway, rear parking pad, and ample off-street parking for multiple vehicles. The fully fenced rear yard offers both privacy and space to enjoy. Ideally situated on a quiet street in the charming town of Cheverly, this home combines a peaceful residential setting with close proximity to shopping, dining, and major commuter routes.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017