1642 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 |
|---|---|---|---|
| Aug 30, 2021 | Sold | ||
| Sold | |||
| Jul 6, 2021 | Listed by JSingh Homes | $635,000 | |
| Listed by JSingh Homes | |||
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Enjoy the best of everything in this stunning single-story home in Oak Forest! The open floor plan features 3 bedrooms, 2.5 baths, and a flex room that could be converted into a 4th bedroom. Fully remodeled/renovated home taken down to the studs (2009/10) with new plumbing, electrical, HVAC, water heater, and roof. Gourmet kitchen boasts granite countertops and stainless steel appliances including double ovens. The primary bedroom has a huge walk-in closet with custom built-ins, an ensuite bath with dual vanities, and a massive walk-in shower. Detached oversized garage with a veranda. This extraordinary home exudes quality and style at every turn! Call today to make it yours!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017