5 Belmont Drive
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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 |
|---|---|---|---|
| Jan 2, 2024 | Sold | ||
| Sold | |||
| Jun 7, 2019 | Sold | ||
| Sold | |||
| Jan 3, 2018 | Listed by LAER Realty Partners | $209,900 | |
| Listed by LAER Realty Partners | |||
| | |||
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SHORT SALE BEING SOLD AS IS,*BANK APPROVED * . 3 Bedroom 1 Bath Ranch with Harwood Floors , Wood Burning Stove , Updated Kitchen, Partial Finished Basement With second Bathroom, Partial Finished Porch .Buyer is responsible Title 5 Inspection. Buyer is responsible for 5,000.00 negotiation fee which can not be financed and must be paid at closing. DOWNLOAD SHORT SALE DISCLOSURE FORMS , SUBMIT WITH PROOF OF FUNDS OR APPROVAL LETTER, AGENCY DISCLOSURE.IF YOU ARE A CORPORATION ,SUBMIT ARTICLES OF INCORPORATION OR LLC DOCUMENTS. ALL PARTS OF THE DOCUMENTS MUST BE COMPLETE OR WILL NOT BE CONSIDERED. The septic system has failed. The home is winterized and all system turn-ons and turnoffs will be at buyers expense with licensed contractors only.
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| Jul 29, 2005 | Sold | ||
| Sold | |||
| Jan 29, 2005 | Listed by AA Premier Properties, LLC | $299,000 | |
| Listed by AA Premier Properties, LLC | |||
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