708 Belmont Pl #708
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 |
|---|---|---|---|
| Jul 6, 2016 | Sold | ||
| Sold | |||
| Apr 6, 2016 | Listed by Century 21 Tenace Realty Inc | $154,900 | |
| Listed by Century 21 Tenace Realty Inc | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/20/2024
| |
2 Bed
|
2 Bath
|
1033 ft²
|
$300,000
2 Bed
2 Bath
1033 ft²
|
$290,000
-3.33%
05/21/2024
|
Brian R Perry
KW Innovations
|
|
11/04/2021
| |
2 Bed
|
2 Bath
|
1033 ft²
|
$250,000
2 Bed
2 Bath
1033 ft²
|
-
-
|
Brian R Perry
KW Innovations
|
|
04/06/2016
|
2 Bed
|
2 Bath
|
-
|
$154,900
2 Bed
2 Bath
|
$145,000
-6.39%
07/06/2016
|
Andres Mendez
Century 21 Tenace Realty Inc
|
Building Info
- 1 Unit for Sale
About Residences of Belmont at Boynton Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017