172 CHIPPEWA TRAIL
About This Property
A spacious kitchen with plenty of cabinetry, breakfast bar open to the dining area, large dining room with hardwood flooring located right off the kitchen.
Kick back in the living room by the fireplace, perfect for chilly nights or just adding a bit of ambiance to your Netflix marathons. Hardwood flooring and great lake views as well. The open layout makes it easy to move from one room to the next, keeping things light and breezy. A supersized family room with built ins and a walk in cedar closet, sliding glass doors to the 3 season room. The 3 season room overlooks the lake, has 3 walls of sliding glass/screen windows, skylights, and opens to the deck.
Outside, you're in for a treat with lake access-ideal for a weekend splash or a peaceful paddle. 120 feet of water frontage, bulkhead, dock with covered gazebo, lounge area, beach, and oversized deck.
Come see it for yourself and imagine all the good times waiting in this waterfront gem!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 27, 2025 | Sold | ||
| Sold | |||
| Jun 7, 2025 | In contract | - | |
| In contract | |||
| May 31, 2025 | Listed by Compass New Jersey, LLC - Moorestown | $975,000 | |
| Listed by Compass New Jersey, LLC - Moorestown | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017