403 Belrose Drive
About This Property
Enjoy serene views from your private, fenced, and landscaped backyard that opens to lush woods with a walkway. Relax or entertain on the two-tier deck, or take advantage of the finished walk-out basement with a bedroom with a full bath and WIC, a home theater, wet bar w/ wine cooler and additional flex spaces ideal for a gym, game room or studio.
The main floor primary suite offers a spa-like retreat with a walk-in shower and soaking tub. The gourmet kitchen shines with granite countertops and premium appliances, including a WOLF 6-burner gas cooktop , Miele dishwasher, and multi-panel Bespoke refrigerator. A soaring two-story family room and grand foyer create a bright and airy atmosphere. The main floor also has a formal dining, butler's pantry, home office with built-in shelves and a formal dining room. The laundry room sports a washtub, built in cabinets and countertops.
Upstairs, you'll find a generous loft and 3 bedrooms with 2 full bathrooms. Storage is abundant throughout the home, and an oversized 2-car garage adds convenience.
Community amenities include a pool, clubhouse, and children's playground. All this just minutes from Bond Park (across the street), Prestonwood Country Club (1.7 miles), and vibrant Downtown Cary (2 miles) with its newly renovated 7-acre park and shopping/dining options. Check with our preferred lender for 8K in closing credits. SELLER IS OFFERING 15k CREDIT FOR HOME UPGRADES.
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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 |
|---|---|---|---|
| Oct 30, 2025 | Sold | ||
| Sold | |||
| Sep 30, 2025 | In contract | - | |
| In contract | |||
| Sep 18, 2025 | Price Decreased |
$1,249,000
↓ $26K
(2%) | |
| Price Decreased | |||
| Aug 16, 2025 | Price Decreased |
$1,275,000
↓ $20K
(1.5%) | |
| Price Decreased | |||
| Jul 17, 2025 | Listed by Real Triangle Properties LLC | $1,295,000 | |
| Listed by Real Triangle Properties LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017