10667 CHIPPEWA 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 |
|---|---|---|---|
| Jan 22, 2025 | Sold | ||
| Sold | |||
| Dec 8, 2024 | In contract | - | |
| In contract | |||
| Oct 30, 2024 | Price Decreased |
$379,000
↓ $16K
(4.1%) | |
| Price Decreased | |||
| Oct 2, 2024 | Price Decreased |
$395,000
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Sep 17, 2024 | Listed by FLAT FEE MLS REALTY | $405,000 | |
| Listed by FLAT FEE MLS REALTY | |||
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Why wait to build?! The first floor also features a flex room that can be used for work or play, The second floor features a laundry room and additional flex space to be used as a second living space if you so choose. This property is fully fenced for privacy and off of pesky retention ponds that often causes overflow and mosquito havens during the rainy months. This property is also a short walk from the brand new second amenity center & pool.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017