5632 Belle Avenue
About This Property
As you step inside, the double-door entry opens into a spacious living room, which flows seamlessly into the kitchen, creating a "great room" feel. Sliding doors lead to a large "Aluma-wood" style covered patio and a grassy backyard, perfect for children to play or for hosting outdoor gatherings. The first floor features three bedrooms, including one currently used as a separate dining area, one full bathroom and a convenient laundry area.
Upstairs, you'll find a huge bonus room with open beam ceilings and a large closet, ideal for a bedroom conversion or a versatile living space. Sliding doors open to a spacious wrap-around balcony, offering a peaceful retreat with views of the surrounding area. There is also an additional large middle bedroom, which was originally two separate rooms and can easily be converted back to create more bedrooms. A full hallway bathroom and then The incredible primary suite with another full bathroom is a standout feature of this home, boasting generous proportions, open beam ceilings, a walk-in closet, and its own access to the wrap-around balcony.
This home is loaded with upgrades, including stylish wood tile flooring, solar power (owned), a large pantry, a 2-car attached garage with direct access, and a tankless water heater. The beautifully landscaped yards are low maintenance, adding to the property's appeal.
Convenient locale, close to some of the most amazing schools - including the Oxford Academy (by exam acceptance) and an awesome public school district. Close in commute to the freeway system, shopping, entertainment, restaurants, beaches, churches and parks.
With so many options to customize and expand, this home is perfect for anyone looking for a versatile living space. Don't miss out on this fantastic opportunity to make it your own!
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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 15, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2024 | In contract | - | |
| In contract | |||
| Sep 3, 2024 | Listed by Realty One Group West | $1,299,000 | |
| Listed by Realty One Group West | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017