1254 Chippendale Road
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 |
|---|---|---|---|
| Sep 10, 2020 | Sold | ||
| Sold | |||
| Aug 4, 2020 | Listed by Compass RE Texas, LLC | $899,000 | |
| Listed by Compass RE Texas, LLC | |||
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This beautiful traditional home, located on the most desired street in Oak Forest has been impeccably maintained and rivals new construction. The first floor boasts gleaming hardwood floors with large office flanked with antique doors. Formal dining room and spacious breakfast area allows ample entertaining space. The spacious living room has high ceilings and an abundance of natural light pouring in from the large backyard. Outdoor space includes large green space, spacious patio as well as large driveway with electric gate. First floor updates include new light fixtures in the kitchen, dining, living and stairway, as well as the powder room updated with fresh paint and new vanity (*2019). Second floor updates include renovated bathrooms with new tile, countertops, hardware and vanities, new carpet in bedrooms and fresh paint (*2019). Additional updates include new back patio, landscaping, a/c unit replaced, and additional insulation in attic (*2019).
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017