3490 Belvedere Way
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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%.
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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 |
|---|---|---|---|
| Aug 25, 2018 | No longer available | - | |
| No longer available | |||
| Aug 24, 2018 | Sold | ||
| Sold | |||
| Jun 11, 2018 | Listed | $524,000 | |
| Listed | |||
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Beautiful move in ready single story 3 bedroom, 2 bathroom home in Mountain Gate. Step into the tiled entryway to high ceilings. The formal living room features a plantation shutter, 2 way fireplace with tiled hearth and beautiful laminate flooring. The laminate flooring flows through the dining room, family room and hallways. The formal dining room is conveniently located off the kitchen and features a niche perfect for a china cabinet. The family room features a lighted ceiling fan and media niche. The kitchen is beautifully updated with crisp white cabinets with soft close doors and drawers, stainless steel appliances, tiled backsplash, granite countertops, tiled floor and recessed light along with large pantry. The master bedroom features cathedral ceilings, 2 closets, newer carpet, lots of windows that bring in natural light and lighted ceiling fan, plus media niche. The master bathroom features a soaking tub, glass enclosed shower and dual sinks with the beautiful granite and tile backsplash. The remaining 2 bedrooms are spacious with lighted ceiling fans, newer carpet and large closets. The laundry room is conveniently located inside. The backyard is great for entertaining with fully covered metal patio cover, concrete slab for a hot tub, raised deck and new sod. The side yard has RV or boat parking potential with a width of 8 1/2 feet wide. All of this located in the beautiful Mountain Gate community which features walking paths, sports park, schools & shopping. The manager has listed the unit size as 1665 square feet.
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| May 25, 2018 | Listed by Keller Williams Realty | $524,000 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017