1231 Chipewa 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 |
|---|---|---|---|
| Jan 17, 2025 | Sold | ||
| Sold | |||
| Dec 4, 2024 | In contract | - | |
| In contract | |||
| Nov 21, 2024 | Listed by Waterman Real Estate, Inc. | $245,900 | |
| Listed by Waterman Real Estate, Inc. | |||
| Nov 19, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Sep 25, 2024 | Listed by RE/MAX Crown Realty | $259,900 | |
| Listed by RE/MAX Crown Realty | |||
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Welcome to your lakeside sanctuary!! This charming, manufactured home is nestled on a desirable corner lot, providing both space and privacy. Featuring a NEW roof (2023) water heater (2021) & AC (2018). Ideal island kitchen for the chef at heart, vinyl flooring throughout and French doors that lead out to the enclosed sunroom. Enjoy outdoor living on the deck or in the screened in patio with an amazing view of the lake. Let's not forget the 2016 E-Z-GO golf cart to ride around and meet your new neighbors!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017