111 Chases Grove
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 |
|---|---|---|---|
| Mar 31, 2021 | Sold | ||
| Sold | |||
| May 26, 2017 | Sold | ||
| Sold | |||
| Sep 4, 2014 | Sold | ||
| Sold | |||
| May 21, 2014 | Listed by Century 21 North East | $68,900 | |
| Listed by Century 21 North East | |||
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GREAT OPPORTUNITY TO HAVE LAKE ACCESS ON BIG ISLAND POND WITH PRIVATE BEACH, BOAT DOCK SLIPS, AND WATER VIEWS IN THIS YEARROUND RANCH HOME. HOME WAS COMPLETELY GUTTED 3 YEARS AGO AND OFFERS NEWER ROOF, FURNACE, SIDING, WINDOWS, PAVED DRIVEWAY. INTERIOR OFFERS CATHEDRAL CEILINGS, 1ST FLOOR LAUNDRY, SLIDER TO BACK YARD AND CENTRAL AIR. FABULOUS OUT BUILDING 12 X 25 WITH MATCHING SIDING, WINDOWS AND LOFT. SELLER HAS UPDATED INTERIOR WITH FRESH PAINT, NEW DOORS, AND BATH FLOORING. SELLER WILL PAY $1000 BUY-IN FEE TO COMMUNITY. ENJOY BOATING, SWIMMING, FISHING IN SUMMER AND SNOWMOBILING AND SKIING IN WINTER!!
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