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8 Belmont Drive
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%.
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 |
|---|---|---|---|
| Mar 24, 2011 | Sold | ||
| Sold | |||
| Oct 3, 2010 | Listed by Keller Williams Realty Greater Worcester | $250,000 | |
| Listed by Keller Williams Realty Greater Worcester | |||
| Mar 1, 2010 | Listed | $270,000 | |
| Listed | |||
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Be in for Spring! Great ranch w/ a full in law! ! House has gleaming hardwood floors on the first floor, ceiling fans & is freshly painted. Lower level is perfect for in-law or teenage suite and has new Berber carpeting, full kitchen w/ open concept living! There is a one car oversized garage. House has nice, fairly level, large yard & newer septic system. Close to town center with library, park areas, stores, food and more.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017