22
Map
8 Belknap Avenue
About This Property
Step inside to find an inviting eat-in kitchen, ideal for gatherings. The first floor offers two bedrooms, a full bathroom, and a spacious living room, all designed for comfort and convenience. Upstairs, the second floor reveals an additional bedroom and a versatile bonus room complete with built-in bookcases and ample storage. Don't overlook the fenced-in yard with a shed, adding practicality and charm to this inviting 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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2024 | Sold | ||
| Sold | |||
| Jul 17, 2024 | In contract | - | |
| In contract | |||
| Jul 9, 2024 | Listed by WARREN REAL ESTATE (FRONT STREET) | $135,000 | |
| Listed by WARREN REAL ESTATE (FRONT STREET) | |||
Property Highlights
Building Info
8 Belknap Avenue
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Comparables
Status
Price/ft²
Listed On
Sold On
About First Ward
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WARREN REAL ESTATE (FRONT STREET)
Last Updated: 9 months ago
Data Source: GBMLS , MLS# 326262
