322 Newport Avenue
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 15, 2020 | Sold | ||
| Sold | |||
| May 24, 2020 | Listed by Keller Williams Pacific Estate | $1,199,000 | |
| Listed by Keller Williams Pacific Estate | |||
| Dec 11, 2018 | Sold | ||
| Sold | |||
| Oct 31, 2018 | Listed by First Team Real Estate | $1,299,000 | |
| Listed by First Team Real Estate | |||
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Impeccably maintained 2 bed 2 bath Vintage Craftsman with gorgeous, separate guest suite/pool house with bathroom & serene salt water pool and spa surrounded by unique, lush landscaping makes for a completely private sanctuary in highly desirable Belmont Heights. With amazing attention to detail throughout, features include exquisite stone & woodwork, custom cabinetry & built-ins, period fixtures, beautiful engineered wood floors & a cozy fireplace. This SMART home also offers central heat & air conditioning, a long driveway with ample off street parking, free & clear solar panel system and wonderful walkability to local restaurants & markets. Don’t miss this rare opportunity to own a magnificently preserved and lovingly restored residence from a bygone era.
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Property Highlights
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About Belmont Heights
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,420 /mo
- 1 Bed
- 1 Bath
- 586 ft²
$6,495 /mo
- 4 Beds
- 2 Baths
- 1,530 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017