1425 New Chatel Dr
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 3, 2024 | Sold | ||
| Sold | |||
| Nov 17, 2024 | In contract | - | |
| In contract | |||
| Nov 8, 2024 | Price Decreased |
$835,000
↓ $15K
(1.8%) | |
| Price Decreased | |||
| Oct 31, 2024 | Price Decreased |
$850,000
↓ $25K
(2.9%) | |
| Price Decreased | |||
| Sep 15, 2024 | Listed by eXp Realty of California, Inc. | $875,000 | |
| Listed by eXp Realty of California, Inc. | |||
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Welcome to 1425 New Chatel Dr, a beautifully updated 4 bedroom, 2 1/2 bathroom home located in the heart of San Diego's South Bay community. This beautifully maintained residence offers modern upgrades, a spacious layout, and a fantastic backyard—perfect for family living and entertaining. Step inside to a bright and inviting living area with a functional floor plan that features fresh interior paint and plenty of natural light. The spacious design offers seamless flow between the living room, dining area, and kitchen—ideal for gatherings and everyday living. The updated kitchen boasts sleek granite countertops, stainless steel appliances, breakfast bar seating, and ample cabinet space. It’s the perfect setting for both casual meals and entertaining. Enjoy outdoor living in the expansive backyard that offers a screened in porch, gorgeous turf for low key landscaping, and plenty of space for entertaining, gardening, or creating your own private retreat. Located in a friendly, established neighborhood, this home is close to, schools, parks, and the best of what San Diego has to offer. Enjoy easy access to nearby beaches, dining options, and recreational activities, making this a perfect spot for those seeking a vibrant community lifestyle.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017