75 Belvedere Drive
About This Property
Defined by its turret, porches & balconies, with its original details & character fully preserved inside & out, this home has been wonderfully maintained & is in move-in condition. The 3rd floor, with its skylight, beckons to become a studio or home office. The well landscaped property offers bucolic privacy as well as an oasis for birds & butterflies. A large barn-like garage is a car collector's dream.
Best of all, commuting from Ludlow Park to NYC is a breeze - walk to Metro North with 30 min to Grand Central or NYC bus to the #1 train, All parkways are nearby - just 25 min to Lincoln Center.
This property is being sold "as is", estate condition, easily financeable, no violations, porch & many rooms freshly pained, all systems work well. kitchen & baths renovations date from the early 80'. 3rd floor bath is original - water is shut off - not in use for 10-20 yrs, 100/220 electric, slate roof & steel lathe stucco exterior. Additional Information: Amenities:Storage,HeatingFuel:Oil Below Ground,ParkingFeatures:3 Car Detached,
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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 10, 2020 | Sold | ||
| Sold | |||
| Mar 1, 2020 | Listed by Nortrud Wolf Spero | $629,000 | |
| Listed by Nortrud Wolf Spero | |||
| Jul 9, 2020 | No longer available | - | |
| No longer available | |||
| Jul 8, 2020 | In contract | - | |
| In contract | |||
| Apr 11, 2020 | Listed by Nortrud Wolf Spero | $629,000 | |
| Listed by Nortrud Wolf Spero | |||
| | |||
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Spring, in all its glory, at 75 BELVEDERE DR.! A field of Snowdrops has emerged & this magnificent Victorian is ready for new owners. Defined by its turret, porches & balconies, with its original details & character fully preserved inside & out, this home has been wonderfully maintained & is in move-in condition. The 3rd floor, with its skylight, beckons to become a studio or home office. The well landscaped property offers bucolic privacy as well as an oasis for birds & butterflies. A large barn-like garage is a car collector's dream. Best of all, commuting from Ludlow Park to NYC is a breeze - walk to Metro North with 30 min to Grand Central or NYC bus to the #1 train, All parkways are nearby - just 25 min to Lincoln Center. This property is being sold "as is", estate condition, easily financeable, no violations, porch & many rooms freshly pained, all systems work well. kitchen & baths renovations date from the early 80'. 3rd floor bath is original - water is shut off - not in use for 10-20 yrs, 100/220 electric, slate roof & steel lathe stucco exterior. The manager has listed the unit size as 3460 square feet.
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About Ludlow
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017