515 Belmont Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jan 30, 2026 | Sold | ||
| Sold | |||
| Nov 25, 2025 | In contract | - | |
| In contract | |||
| Oct 16, 2025 | No longer available | - | |
| No longer available | |||
| Oct 16, 2025 | Listed by My Castle Realty | $268,238 | |
| Listed by My Castle Realty | |||
| Apr 15, 2025 | Listed by My Castle Realty | $268,238 | |
| Listed by My Castle Realty | |||
| | |||
|
Owner Financing - Flexible Down Payment Options
This property comes packed with must-see features that make it more than just a house—it’s a place to grow, create, and settle in. Enjoy peace of mind with a recently serviced HVAC system and a newer roof. A large, powered workshop provides room for multiple vehicles and all your projects, plus there’s an additional storage shed for tools, equipment, or hobbies. The galley kitchen is thoughtfully designed with generous counter space and cabinetry, while a versatile flex room adds even more possibilities for how you live. Let's turn your dream of owning a home into your new reality.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017