527 Grand Avenue
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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%.
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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 |
|---|---|---|---|
| Aug 18, 2020 | Sold | ||
| Sold | |||
| Jul 2, 2020 | Listed by RE/MAX College Park Realty | $699,000 | |
| Listed by RE/MAX College Park Realty | |||
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Walk up a brick pathway pass a welcoming statue of St Francis blessing the lush garden foliage to the front of this enchanting Belmont Heights cottage. You are less than 1 mile to the beach and within walking or biking distance from shops and restaurants. From the moment you enter the living room, you enjoy tranquil natural lighting. The living/ dining room features built in cabinetry and new smoked oak flooring. The bedroom with ship lap walls can accommodate a king sized bed. The bathroom features an oversized shower with custom tile accents on the walls and floors. The remodeled kitchen highlights include quartz countertops, railroad style backsplash and a harmonious black and while tiled floor. You will never want to leave the backyard.It is landscaped with faux grass. There is the perfect personal hideaway spot or if you are so inclined for social distancing meet your friends under the garden arbor. To complete your home the garage has an laundry and build in office area. Prepare to never want to leave this home once inside.
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| Apr 4, 2017 | Sold | ||
| Sold | |||
| Jan 17, 2017 | Listed by Access Coastal Realty | $560,000 | |
| Listed by Access Coastal Realty | |||
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About Belmont Heights
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$6,495 /mo
- 4 Beds
- 2 Baths
- 1,530 ft²
$3,150 /mo
- 2 Beds
- 2 Baths
- 891 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017