409 BELMONT Drive
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 |
|---|---|---|---|
| Sep 16, 2014 | Sold | ||
| Sold | |||
| Aug 1, 2014 | Listed by MODERN REALTY OF FLORIDA | $52,900 | |
| Listed by MODERN REALTY OF FLORIDA | |||
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Priced for quick sale! Bright and open living area, with ceramic tile for easy maintenance. Galley style Kitchen has nice pantry. Large utility room gives extra storage in addition to two car garage. Large in-ground pool and covered patio area in fenced back yard. Concrete block construction with brick stucco. Very clean and shows well. Move In Ready! Swimming Pool is not currently in use, as it needs a new liner but with small investment imagine the fun you can have! Handicap Accessible. Sold AS IS.
Located in the county for lower property taxes but all the convenience of city living.
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| Apr 28, 2014 | Listed by COLDWELL BANKER BEN BATES INC | $59,900 | |
| Listed by COLDWELL BANKER BEN BATES INC | |||
| May 10, 2013 | Sold | ||
| Sold | |||
| Jan 18, 2013 | Listed by COLDWELL BANKER BEN BATES INC | $39,900 | |
| Listed by COLDWELL BANKER BEN BATES INC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017