0 Chapman Point
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 30, 2026 | Sold | ||
| Sold | |||
| Apr 2, 2026 | In contract | - | |
| In contract | |||
| Nov 14, 2025 | Listed by Marble Key Realty LLC | $39,900 | |
| Listed by Marble Key Realty LLC | |||
| Aug 8, 2025 | Price Decreased |
$59,900
↓ $19K
(24.2%) | |
| Price Decreased | |||
| Apr 14, 2025 | Listed | $79,000 | |
| Listed | |||
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Lovely building lot on Chapman Point Rd. that is walking distance to your waterfront land that is situated on the same road. The land is ideal for motor home, cottage or storage building. Call now for details as locations like this are hard to find,
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017