401 Bello DR
About This Property
The spacious primary bedroom features an oversized layout and a huge custom closet with built-in shelving and a custom dresser. Secondary bedrooms offer excellent storage as well, one with built-in shelving in the closet and another with a walk-in closet. Bathrooms have updated fixtures, and every room is equipped with new ceiling fans, including a dimmable fan in the primary suite.
Mechanical updates include a 5-year-old roof, 3-year-old appliances, a 2024 water heater, and a 6-year-old AC unit. The home is also wired for surround sound, features garage storage racks, and has AT&T fiber optic internet.
The exterior offers great functionality and charm, with a drive-through gate on one side for boat parking and a walk-through gate on the other. The backyard includes a patio perfect for relaxing or entertaining, along with a koi pond that the seller can leave or remove based on buyer preference.
Thoughtfully updated and move-in ready, this home truly has it all.
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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 |
|---|---|---|---|
| Dec 10, 2025 | In contract | - | |
| In contract | |||
| Dec 4, 2025 | Listed by Watters International Realty | $325,000 | |
| Listed by Watters International Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017