400 Ferrell Avenue
About This Property
Stunning home on .85 of an acre. Stroll or bike to delightful downtown Belmont for a great meal, some retail therapy, or the weekly farmers market in Stowe Park.
Inside, this bespoke home features a spacious design with thoughtful touches and high-end finishes. Your large first-floor primary bedroom boasts a generous walk-in closet and a luxurious double-vanity ensuite with a large, tiled shower. Your chef's kitchen comes with upgraded appliances including a gas range, custom hood, and microwave drawer. Concrete countertops, a geometric backsplash, hardwood floors throughout this welcoming home.
Upstairs you will find three large bedrooms, a loft perfect as a second living space, gaming den, exercise room, or home office.Enjoy your morning coffee on the large covered back porch overlooking the woodlands just beyond your fully fenced-in backyard. Don't miss out on this well-appointed, intelligently designed home.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 4, 2025 | Sold | ||
| Sold | |||
| Feb 22, 2025 | In contract | - | |
| In contract | |||
| Feb 18, 2025 | Price Decreased |
$725,000
↓ $15K
(2%) | |
| Price Decreased | |||
| Feb 1, 2025 | Price Decreased |
$739,900
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Nov 13, 2024 | Price Decreased |
$749,900
↓ $9K
(1.2%) | |
| Price Decreased | |||
Property Highlights
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About Belmont
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Last Updated: 2 years ago
Data Source: CANOPYMLS, MLS# CAR4173512
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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