1501 Chippendale Road
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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 |
|---|---|---|---|
| Sep 28, 2022 | Sold | ||
| Sold | |||
| Aug 13, 2022 | Listed by BHGRE Gary Greene | $999,999 | |
| Listed by BHGRE Gary Greene | |||
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Stunning, custom built, 4 bedroom home w/pool, spa & outdoor kitchen located in highly sought after Oak Forest & zoned to exemplary Oak Forest Elementary. 2 story foyer greets you upon entry & gleaming hardwoods throughout the living spaces on the 1st floor. Private study w/French doors for privacy is to the left. Lovely dining room w/custom chandelier, double crown molding, connected to the kitchen by a butler's pantry. Huge chef's dream island kitchen w/breakfast seating on oversized island. Cook up a storm on the 48'' Viking Gas Range & Vent Hood. Tons of cabinet/counter space. Living area is open to the kitchen w/4 large windows overlooking pool & a gas wood burning fireplace for those chilly Houston evenings. Amazing Primary Retreat on the 2nd floor w/ensuite bath w/tub & walk in shower, 2 huge walk-in closets & large covered balcony overlooking the back yard. 3 other well-proportioned secondary bedrooms, full bathroom & laundry room also on 2nd floor. Sparkling pool, spa& palapa.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017