108 Chaparral Drive
About This Property
Nestled in the highly sought-after Spivey Hill neighborhood, this beautifully updated 1,721 sq ft home with 3 bedrooms and 2 full bathrooms offers a perfect blend of comfort and style. Step inside to find a spacious open concept living area with vaulted ceilings, a wood beam, French patio doors and an abundance of natural light that creates an inviting and warm atmosphere. The kitchen has been thoughtfully updated, providing both functionality and elegance. It features stainless steel appliances, shaker style custom cabinets, ample storage space and a large quartz island. The split-bedroom layout ensures privacy, with a large master suite complete with ensuite bathroom, two walk in closets and double French doors leading to the backyard. Two additional bedrooms offer flexibility for guests, a home office or a growing family. Additional interior highlights include luxury vinyl plank flooring, a hall bathroom with double sinks and plenty of hall closet storage. Enjoy outdoor living in this large, private backyard perfect for entertaining, gardening, playing or relaxation. Residents of the Spivey Hill neighborhood love being conveniently located to Graham's downtown yet enjoy the feeling of being in a very quiet and secluded neighborhood. Spivey Hill overlooks the city of Graham on a hilltop where the stars look a little brighter at night. On occasion you can spot deer and other wildlife roaming the neighborhood at night. Don't miss out on this wonderful opportunity to live in one of Graham's most desirable areas!
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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 |
|---|---|---|---|
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Mar 28, 2025 | In contract | - | |
| In contract | |||
| Mar 24, 2025 | Listed by Keller Williams Brazos West | $315,000 | |
| Listed by Keller Williams Brazos West | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017