119 Chaparral Bend Drive
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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%.
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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 |
|---|---|---|---|
| Feb 20, 2024 | Sold | ||
| Sold | |||
| Jan 29, 2024 | In contract | - | |
| In contract | |||
| Nov 10, 2023 | Listed by Better Homes and Gardens Real Estate Gary Greene - | $810,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - | |||
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SHOWS LIKE A MODEL HOME! This home is spectacular w/ custom features that are breathtaking! Additional square footage was added in the living areas w/ an open sunroom looking out to the covered patio. The breakfast area was also extended to accommodate a large seating area. The details in the home are evident in the kitchen w/ 12’x4’ Carrara marble island including 2 sinks, 2 dishwashers, 2 dual trash pull outs & seating for four. The chef-selected GE Monogram Appliances include a 48-inch built in refrigerator, double convection ovens, 6 burner gas range w/ griddle plus lighted gas knobs & pot filler! Pull out drawers in cabinets, sectioned drawers plus huge walk-in pantry are show stoppers! Primary suite has gorgeous crystal lighting, door to the patio & primary bath w/ amazing shower. All bedrooms have ensuite bathrooms. Second floor media room is fully equipped! Enjoy additional living space outdoors w/ gas fireplace, gas grill, 2 burners, pizza oven, speakers, plus a pool bath!
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017