115 CHAPEL LANE
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 |
|---|---|---|---|
| Nov 1, 2026 | Listed by SEVEN BLUE REALTY LLC | $320,000 | |
| Listed by SEVEN BLUE REALTY LLC | |||
| Mar 13, 2026 | Sold | ||
| Sold | |||
| Feb 25, 2026 | In contract | - | |
| In contract | |||
| Feb 13, 2026 | Listed by XCELLENCE REALTY INC. | $179,900 | |
| Listed by XCELLENCE REALTY INC. | |||
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Country living at it's best! If you want peace, serenity, and privacy this is the property for you. Relax on the newly built front porch as you enjoy gazing at all of the beautiful Grandaddy Oaks with Spanish Moss. This charming and spacious manufactured home has 3 Bedrooms and 2 bathrooms on 2.5 acres zoned AG (2-1.25 acre lots). The additional value of the second totally fenced included lot (119 Chapel Lane - parcel# 08-11-23-0000-0010-0020) is approximately $15,000. Bring your horses, cows, chickens, goats, etc. These 2 parcels can give you many possible options for building another home, barn, etc. Plenty of room to park your boats, trailers, rv's, or any other toys you may have. The beautiful kitchen has recently been completely renovated including soft close cabinets. New hot water heater 2024. All new plumbing, pipes, and shutoff valves in 2024. Both bathrooms were renovated/updated in 2024. 4 new ceiling fans installed 2024/2025. Comes with beautiful stainless steel refrigerator. Roof is approximately 10 years old. Entire home is handicap accessible. Numerous water spigots throughout outside. 12 x 20 Shed included. Several chicken coops. The second parcel is fenced for horses/cattle. There is a pavilion and a large bird aviary. Come see the many features of this very affordable home!
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| Dec 22, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017