45
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1002 Chippenham Drive
About This Property
A 12' sliding glass door opens the living space to a pergola-covered paver patio and private backyard with natural bamboo privacy fencing. Additional improvements include new roof, new gutters with underground drainage, new driveway, new plumbing lines, new flooring throughout, and upgraded attic insulation, new paint. Solid mahogany front door with built-in privacy door and fully adjustable custom built closet shelving throughout the home.
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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 31, 2026 | Sold | ||
| Sold | |||
| Mar 15, 2026 | In contract | - | |
| In contract | |||
| Mar 11, 2026 | Listed by United Real Estate | $449,900 | |
| Listed by United Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017