1359 Chippendale Road
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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 |
|---|---|---|---|
| Sep 6, 2024 | Sold | ||
| Sold | |||
| Aug 13, 2024 | In contract | - | |
| In contract | |||
| Jul 31, 2024 | Listed by Compass RE Texas, LLC - Memorial | $1,249,000 | |
| Listed by Compass RE Texas, LLC - Memorial | |||
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Situated in the highly sought-after Oak Forest and zoned to the award-winning OF Elem. The stunning kitchen immediately captivates with its numerous upgrades, boasting granite counters, high-end appliances including a Wolf range, Sub Zero refrigerator, microwave and dishwasher, island with a prep sink, and breakfast bar that opens to a spacious family room. 10 foot ceilings, triple crown molding, beautiful luxury hardwood flooring and a whole house generator. Designed for hosting, the home features a formal dining room, wine room, study, and spacious back patio. Full house security and camera system and LED lighting. The primary retreat offers a separate sitting area, large windows, a private ensuite with a soaking tub, walk-in shower, double vanity, and custom closet. 3 bedrooms upstairs with an additional media room. Step outside to enjoy the custom, oversized David Craft heated pool and spa, providing a resort-like experience year-round. With ample storage throughout the home!
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| Dec 1, 2020 | Sold | ||
| Sold | |||
| Oct 23, 2020 | Listed by Led Well Realty | $990,000 | |
| Listed by Led Well Realty | |||
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Exceptionally maintained, custom Mediterranean home, on highly desirable Chippendale Rd in booming Oak Forest. Zoned to award-winning Oak Forest Elem, this stunning home welcomes you through gorgeous double doors. Numerous upgrades are immediately showcased in the incredible chef’s kitchen w/expansive granite counters, high-end appliances incl. a Wolf range, island w/prep sink & breakfast bar open to large family room. Soaring ceilings, triple crown molding & beautiful hardwood flooring t/out the home adds a luxurious feel. Built for entertaining, the home features a formal dining room, wine room, study, game room, & oversized media room. A grand primary retreat offers a separate sitting area, large windows, private ensuite w/soaking tub, walk-in shower, double vanity & custom closet. No reason to head to a resort; right outside is a custom, oversized David Craft heated pool & spa, perfect for enjoying year-round. Storage abounds w/a Texas basement upstairs Schedule your tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017