1307 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 |
|---|---|---|---|
| Dec 16, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2024 | Listed by RE/MAX Signature | $1,149,000 | |
| Listed by RE/MAX Signature | |||
| Jul 23, 2024 | Listed | $1,500,000 | |
| Listed | |||
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Truly unique, custom-built stucco home featuring numerous upgrades throughout. Conveniently located with easy access to 610, 45, and 290. Within walking or biking distance to renowned restaurants, shopping centers, grocery stores, parks, and schools. Special custom touches include 10 foot ceiling for both floors, elegant wood French front doors, a stunning curved staircase with iron railings, a high ceiling Family room, a grand stone floor rotunda, custom French sliding doors in the primary bathroom, high-quality Kohler faucets and sinks, extensive shelving, crown molding, and trim throughout the home. Most bedrooms feature honeycomb cellular blackout blinds with top-down functionality, complemented by sheer shades in all living spaces. The spacious covered patio in the backyard provides ample space for creating your ideal outdoor retreat. The primary ensuite boasts double sinks, tiled shower with a rain showerhead, a makeup table, and a custom-built retractable table.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017