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5628 BELAFONTE DRIVE
About This Property
Fresh updates, major improvements, and endless potential. Available NOW! Schedule your tour today!
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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 22, 2026 | Listed by LPT REALTY, LLC | $190,000 | |
| Listed by LPT REALTY, LLC | |||
| Jun 30, 2026 | Sold | ||
| Sold | |||
| Jun 10, 2026 | Price Decreased |
$99,000
↓ $10K
(9.2%) | |
| Price Decreased | |||
| May 21, 2026 | Listed by FREEDOM REALTY GROUP LLC | $109,000 | |
| Listed by FREEDOM REALTY GROUP LLC | |||
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Investor special in the heart of Floradale! This solid 3-bedroom, 1-bath block home offers 1,140 sq ft of opportunity with the big-ticket items already handled -- brand new roof (2025) and newer HVAC (2024) for added peace of mind. Built in 1959 and connected to city water & sewer, this property is the perfect addition to any rental portfolio or a great option for a savvy buyer looking for a low-maintenance investment.
Inside, you'll find a functional layout with strong rental potential and plenty of room to add your personal touches. Whether you're searching for your next cash-flowing property, a flip opportunity, or a long-term hold, this one checks all the boxes. Conveniently located in the established Floradale neighborhood with easy access to shopping, dining, schools, and major roadways.
Rent-ready and priced to move, opportunities like this don't last long. Bring your best offer and secure your next investment today!
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| Nov 17, 2015 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017