602 Newport Avenue
About This Property
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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%.
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 11, 2021 | In contract | - | |
| In contract | |||
| Mar 2, 2021 | Listed | $799,000 | |
| Listed | |||
| | |||
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Welcome to this Historic Belmont Heights beauty! You won’t want to miss this corner lot craftsman built in 1918. This home welcomes you with beautiful landscaping and a mature lemon tree. As you enter the home you’re greeted with stunning architecture, hardwood floors, stone fireplace and updated fixtures and hardware. Additional upgrades include tankless water heater and partially upgraded cooper plumbing. Enjoy nighttime dinning and entertaining in the plush dining room and make your perfect meal with Viking appliances and a chef’s stove. Enjoy the sunset from your patio or the view from your living room through your picturesque windows. Located near schools, parks, dining, and the beach you won’t want to miss this opportunity - Welcome home! The manager has listed the unit size as 1072 square feet.
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| Jan 28, 2019 | Sold | ||
| Sold | |||
| Sep 5, 2018 | Listed by Coldwell Banker Coastal Alliance | $739,000 | |
| Listed by Coldwell Banker Coastal Alliance | |||
Property Highlights
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About Belmont Heights
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$6,495 /mo
- 4 Beds
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- 1,530 ft²
$3,080 /mo
- 2 Beds
- 2 Baths
- 891 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017