1402 Chart 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 |
|---|---|---|---|
| Jun 2, 2021 | Sold | ||
| Sold | |||
| Apr 27, 2021 | Listed by RE/MAX Signature | $255,000 | |
| Listed by RE/MAX Signature | |||
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EXCEPTIONAL two-story Newport home in established section of neighborhood! Warm front entryway greets guests upon entering home. Formal living room & formal dining area with updated light fixtures is perfect for family gatherings. Island kitchen open to family living area and includes breakfast nook w/ backyard access. Updated Pergo laminate flooring throughout all main living areas! First floor primary bedroom w/ spacious primary bath includes his & her vanities, whirlpool tub & separate shower. Second floor features large gameroom perfect for media space or children's play area. Three additional bedrooms and full-bath. Interior of home has been recently repainted (Sept 2020). Ecobee Thermostat allows homeowner to control temperature remotely via Apple HomeKit. Fully fenced backyard includes storage shed & children's play set perfect for summertime! Double-wide driveway! Home has easy access to all of Newport's amenities - pool, nature trails, golf course & tennis courts!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017