35
Map
708 Belmont Place #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 | |||
| | |||
|
2 BEDROOM 2 BATH W/ ATTACHED 1 CAR GARAGE, GREAT BOYNTON BEACH LOCATION. CLOSE TO SHOPPES, MALL, DINNING AND EXCELLENT NIGHT LIFE, 15 MINUTE FROM THE BEACH. VERY PRIVATE UNIT AT THE CORNER OF THE COMMUNITY. FRESHLY PAINTED, VERY CLEAN, READY TO MOVE IN. GREAT GATED COMMUNITY WITH MANY AMMENITIES INCLUDING POOL, CLUBHOUSE, GYM AND MORE.
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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