1557 CHAPMAN 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%.
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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 |
|---|---|---|---|
| Apr 4, 2025 | Sold | ||
| Sold | |||
| Mar 11, 2025 | In contract | - | |
| In contract | |||
| Mar 8, 2025 | Listed by RE/MAX Realty Group | $699,900 | |
| Listed by RE/MAX Realty Group | |||
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AMAZING OPPORTUNITY in the highly sought after community of CHAPMAN FARM. ORIGINAL OWNER. FRESHLY PAINTED THROUGHOUT. As you enter the home, the cathedral ceiling in the foyer and the living room, as well as the stairway, provide an instant open feeling. The formal dining room is connected to the living room and flows into the kitchen. Also on the main level is the great room directly off the kitchen. The great room offers a gas fireplace for those cooler evenings. Through the patio door off the kitchen is the THREE SEASON’S ROOM overlooking the rear yard. There are doors on each side of the sunroom that lead down to a stamped concrete patio area. A perfect spot for the grill and those upcoming summer barbeques! The main level also features a large laundry room and direct access to the 2 car garage. On the upper level is the primary bedroom ensuite with walk in closet. The primary bathroom features a walk in shower as well as a soaking tub. There are three additional bedrooms and full bathroom on the upper level. The unfinished lower level with 3-piece rough in provides a spacious storage area with a wide walk up areaway to the backyard. The level backyard is completely fenced in. Located in the heart of Crofton, this home is situated to major commuter routes, including Route 3, I-97, and Route 50, with easy access to Annapolis, Baltimore, Washington, D.C., Ft. Meade and NSA. Waugh Chapel Towne Centre is also located nearby offering restaurants, shopping, and movie theatre. Schedule your private tour TODAY!
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| Mar 30, 1995 | Sold | ||
| Sold | |||
| Oct 21, 1994 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017