89 Belknap St
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 |
|---|---|---|---|
| Nov 30, 2023 | Sold | ||
| Sold | |||
| Oct 8, 2023 | In contract | - | |
| In contract | |||
| Sep 20, 2023 | Listed by Beni Maison Realty, Inc. | $429,900 | |
| Listed by Beni Maison Realty, Inc. | |||
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Calling all Investors/Flippers or First Time Homebuyers who want to put in some sweat equity: Nestled in a peaceful Lawrence neighborhood, this charming colonial offers the perfect canvas for your imagination. With a spacious 1,792 sq.ft and room to spare, this gem welcomes your personal touch. Inside, you'll discover 3/4 bedrooms, a living room, a family room, and dining room - all ready to be transformed into your vision of home. Convenience comes in the form of off-street parking and a sprawling fenced yard - ideal for relaxation and play. The 5-year-old boiler, water heater, and solar panels add a modern touch to this classic beauty. While the home boasts great bones, it's ready for your creative flair to bring out its true potential. Whether you're an investor with a keen eye or a first-time buyer looking for a project, this home is your blank canvas. Let's explore its possibilities together!
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| Sep 16, 2023 | No longer available | - | |
| No longer available | |||
| Sep 9, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017