29 BELMONT BLVD
About This Property
The master suite is a luxurious retreat, featuring a large walk-in custom closet and a spa-like bathroom with a soaking tub. The office, complete with built-in cabinets, provides a quiet space for work or study.
Step outside to your own private oasis: a 10' x 38' covered back porch overlooks a heated L-shaped inground pool with a new liner installed in 2021. The meticulously landscaped grounds include flower beds, gardens, and a French-inspired cobblestone terrace with a charming fountain, all bordered by Belgium Block, roses, and English boxwoods. An 8-zone well water irrigation system with a smart Wi-Fi controller for efficient and convenient lawn care. A shed and a delightful She Shed offer additional storage and creative space.
The 2-car side-entry garage, with insulated doors and ultra-quiet openers installed in 2019, includes a bonus storage area above. The home's new windows and doors, installed in 2021, enhance energy efficiency and curb appeal. Situated next to a large pond with a walking path and backing to a serene 9+ acre field, this property offers a tranquil and picturesque setting that is truly unmatched.
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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 1, 2024 | Sold | ||
| Sold | |||
| Sep 5, 2024 | In contract | - | |
| In contract | |||
| Aug 24, 2024 | Listed by RE/MAX Preferred - Mullica Hill | $650,000 | |
| Listed by RE/MAX Preferred - Mullica Hill | |||
Property Highlights
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About Gloucester
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017