31 Belmont Street
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 |
|---|---|---|---|
| Oct 28, 2024 | Sold | ||
| Sold | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
| Sep 3, 2024 | Listed by Lamacchia Realty, Inc. | $399,900 | |
| Listed by Lamacchia Realty, Inc. | |||
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Charming former carriage house located in lower Highland historical neighborhood. Large living room with cathedral ceiling and bead board on walls and ceiling. Renovated, fully applianced kitchen with white cabinets and granite counters. Hardwood floors, all windows replaced, wide staircase leading to 2nd floor. Private courtyard located right off of side door entrance. Located within minutes from much anticipated commuter rail station and waterfront revival district. Close to hospital, Little Theatre Fire Barn and Fall River Art Association. Easy highway access.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017