16203 Chipstead Drive
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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 |
|---|---|---|---|
| Jun 3, 2024 | Sold | ||
| Sold | |||
| May 2, 2024 | In contract | - | |
| In contract | |||
| Apr 16, 2024 | Listed by NextHome Realty Center | $515,000 | |
| Listed by NextHome Realty Center | |||
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Discover your dreams in this meticulously remodeled home! Enjoy the spacious open floor plan, accentuated by an updated, expansive kitchen featuring a 36-inch gas cooktop. Entertain in style in the impressive vaulted two-story living room, complete with a walk-behind bar for effortless hosting. Unwind in the expansive primary retreat, complete with a charming fireplace and an abundance of natural light! Upstairs the private office offers sophistication with its marble coffee bar. Ascend the second stairwell to discover a captivating game room, accompanied by a full bath and wet bar, perfect for leisurely evenings, game nights or kid's play space. With a three-car garage and triple-wide driveway, parking is never a concern. Revel in the tranquility of no back neighbors and savor outdoor moments on the covered back patio. Plus, indulge your love for nature with direct walking access to Raveneaux walking trails, combining luxury living with natural serenity.
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| Mar 30, 2020 | Sold | ||
| Sold | |||
| Aug 22, 2019 | Listed by BHGRE Gary Greene | $349,000 | |
| Listed by BHGRE Gary Greene | |||
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Wonderful floor plan w/ great corner location across from larger estate homes. This home was lovingly built by the original owners w/ large bedrooms, two story family room w/ wet bar and built ins that look out to the back yard where there are no back neighbors! The private master suite includes a gas log fireplace & beautifully updated master bathroom w/ granite vanity & large soaking tub. The outdoor living is wonderful w/ a covered flagstone patio with ceiling fan and pergola which offers privacy and great living. Every bedroom is over-sized with large closets for great storage. The second floor study area/office connects the bedrooms to a large game room over the three car garage with walk in closet, full bathroom and another wet bar for additional entertaining. The game room could service as a fifth bedroom, guest bedroom or quarters. Other features include re-piping of all plumbing, three-car garage and Cat 5 Cable throughout.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017