1469 Chalgrove Drive
About This Property
Upstairs the home offers three bedrooms with the primary bedroom and attached deck overlooking the lake. Two secondary bedrooms include new carpeting. All three bathrooms have been recently remodeled including a spacious walk-in shower and new cabinets and quartz counter in the primary bath. Ceiling fans in all three bedrooms and in living room and kitchen. The back yard is meticulously maintained including artificial turf and spacious concreted patio with an abundance of room to entertain, BBQ or just relax and take in the peaceful beauty. Village Grove has a limited number of homes with direct lake-front access and rarely do they come on the market. Combined with a home featuring numerous interior upgrades makes this a rare and unique find. Put this one at the top of your list and allow us the pleasure of scheduling a showing for you.
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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 |
|---|---|---|---|
| Mar 13, 2025 | Sold | ||
| Sold | |||
| Feb 28, 2025 | In contract | - | |
| In contract | |||
| Feb 20, 2025 | Relisted | $772,000 | |
| Relisted | |||
| Feb 16, 2025 | In contract | - | |
| In contract | |||
| Feb 1, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017