8195 Bellafiore Way
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 |
|---|---|---|---|
| Feb 26, 2025 | Sold | ||
| Sold | |||
| Feb 8, 2025 | In contract | - | |
| In contract | |||
| Jan 25, 2025 | Price Decreased |
$389,900
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Jan 16, 2025 | Price Increased |
$400,000
↑ $10K
(2.6%) | |
| Price Increased | |||
| Jan 9, 2025 | Listed by United Realty Group Inc. | $389,900 | |
| Listed by United Realty Group Inc. | |||
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PRICE REDUCED BELOW VALUE FOR QUICK SALE! Motivated seller, vacant and move-in ready. Enjoy active adult living in this beautiful, bright and spacious home located in the highly desirable community of Venetian Isles. This recently renovated home offers an exceptional value, with 3 bedrooms, 2 bathrooms and a 2 car garage, with a split floorplan and an eat-in kitchen with a breakfast bar that opens up to the living area. The kitchen was completely gutted in 2023, and replaced with brand new cabinets, porcelain countertops, tile backsplash and new high end stainless steel appliances. Both bathrooms were also renovated in 2023 and equipped with new vanities, tile and seamless glass shower doors. The spacious primary bedroom features new tile flooring, an oversized walk-in closet along with additional closet space, and well-appointed en-suite bathroom with dual sinks, a walk-in shower and a soaking tub. This freshly painted home features tile and vinyl flooring throughout, with the laundry room conveniently located inside the home. Out back, you will enjoy the oversized and extended screened-in lanai with a beautiful and exceptionally private view of the preserve. The AC and water heater were replaced in 2019, and all light fixtures and fans were replaced in 2023.
Venetian Isles is one of the finest active adult communities in South Florida, offering a country club lifestyle without the mandatory fees. The community offers manned gate access and a recently renovated state of the art clubhouse with a cafe, full service bar, card room, ballroom and theater. Outside you can enjoy an array of resort style amenities including an aqua track walking pool, Olympic pool, jacuzzi, 8 Har-Tru tennis courts, a putting green, shuffle ball and bocce ball courts. The community also boasts over 42 clubs and daily activities, special shows and events. This is the home and active adult lifestyle you don't want to miss!
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About Melrose
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017