7885 BELHAVEN AVE
About This Property
Where to start?? This 5 bedroom, 3.5 bath home sits on a nice 1+ acre, manicured lot, with fully fenced backyard. With the beautiful inground pool, you will be ready for summer parties! This home has been meticulously cared for. The 3 car garage and lengthy driveway is perfect for car enthusiasts or multiple drivers living at home. Walking through the door, you will love the open concept, updated kitchen, and luxury plank flooring. This home shows like a new construction model home! With a large area to take off shoes, hang coats, and upstairs laundry, everything has been designed to make your life easier! In the finished basement, you will find a full bathroom and bedroom, as well as plenty of space for hanging out, exercising and entertaining. There is a full kitchenette, allowing endless options, including an in-law suite. 7885 Belhaven Ave is close by to the popular restaurant Rumor Reel, and feeds to the Chesapeake High School System...It is the perfect place to call home!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017