172 Chapel Road
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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 |
|---|---|---|---|
| May 6, 2024 | Sold | ||
| Sold | |||
| Mar 12, 2024 | In contract | - | |
| In contract | |||
| Mar 1, 2024 | Listed by Douglas Elliman Real Estate | $1,750,000 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
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Welcome to luxury living in the prestigious Strathmore Vanderbilt section of Manhasset... known for its tree-lined streets, lush greenery, and upscale ambiance. This meticulously kept colonial home offers a perfect blend of classic elegance and modern comfort. With 3 bedrooms plus a guest room, spacious living areas, and an attached 1 car garage, this residence is the epitome of sophisticated suburban living. The first floor features an expansive living room, perfect for entertaining guests or relaxing with family by the fire place. Elegant formal dining room for hosting memorable dinner parties and special occasions. Enjoy a bright and airy atmosphere in the large family room featuring cathedral ceilings and abundant natural light. The first floor boasts an additional room that offers versatility and functionality. Whether you need a home office, study, or playroom, this flexible space can adapt to suit your needs.Kitchen with granite counters and a powder room complete this floor. The second floor offers 3 bedrooms plus a guest room, providing ample space for family members and visitors. The Primary suite features a spacious bedroom, 2 walk-in closets, and en-suite bathroom with a soaking tub and separate shower. Step into your own private retreat with a backyard that offers tons of privacy and patio area. Amenities include Hardwood floors throughout, central heating and cooling, attached garage, and ample storage space.
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| Feb 16, 2024 | Listed by Douglas Elliman Real Estate | $1,750,000 | |
| Listed by Douglas Elliman Real Estate | |||
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About Manhasset
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017