1216 Chapel Hill 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 |
|---|---|---|---|
| Jul 24, 2024 | Sold | ||
| Sold | |||
| Jun 29, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Listed by The Mosaic Agency, LLC | $320,000 | |
| Listed by The Mosaic Agency, LLC | |||
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Welcome home to this charming move in ready 3 bed, 2 bath gem in Mansfield's Walnut Creek neighborhood, near the prestigious golf course. Enjoy community charm and convenience in this home featuring cozy fireplaces, formal dining, and an updated kitchen with stainless steal appliances and a breakfast bar. The primary suite, with its own fireplace, luxurious bath, and walk-in closet, is part of a split bedroom arrangement offering privacy. Secondary bedrooms are spacious with large closets. Outside, a spacious yard with a storage building awaits your vision of a backyard oasis. Top-rated school district—this is your chance to love where you live!
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| Jan 17, 2020 | Sold | ||
| Sold | |||
| Dec 11, 2019 | Listed by Social Realty, LLC | $222,500 | |
| Listed by Social Realty, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017