40 Bellevue Rd
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 |
|---|---|---|---|
| May 30, 2024 | Sold | ||
| Sold | |||
| Apr 26, 2024 | Listed by RE/MAX Partners | $899,900 | |
| Listed by RE/MAX Partners | |||
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WELCOME to a blend of Historical Charm and Modern Comfort! This former schoolhouse, built in 1867, has been thoughtfully transformed into a captivating home, offering a unique living experience. Inside you’ll find hardwood floors throughout main level, a spacious eat in kitchen, living room w/ fireplace, family room, home office plus a 1st floor bedroom ensuite, ideal for guest accommodation or as an in-law suite. Upstairs you’ll find 3 additional bedrooms w/ ample closet space, including the primary bedroom suite w/ gas fireplace and luxurious 5-piece bath. Outside you’ll find flowering trees and shrubs, 2 car garage, fenced yard, garden shed, in-ground pool, plus a rear deck with awning overlooking pool and garden area. Convenient location with easy access to commuter routes plus close proximity to new park w/ playground makes this a wonderful buying opportunity for a one-of-a-kind property where every corner tells a story... a piece of history ready for its next chapter with you!
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| Oct 17, 1991 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017