1751 Chilvers Avenue
About This Property
This property offers a unique opportunity to create your dream home in the amazing community of Roosevelt City. Spanning just over 1 acre, this high and dry lot provides ample space and privacy while being conveniently close to major shopping and roadways. Buyers should complete all necessary permits and due diligence prior to purchase. With this much land, you can design and build a home that fits your needs, provided it meets the town's setback requirements. Don't miss out on this fantastic opportunity. Contact us today and start making your dreams come true!
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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 |
|---|---|---|---|
| Dec 3, 2024 | Sold | ||
| Sold | |||
| Jun 27, 2024 | In contract | - | |
| In contract | |||
| Jun 7, 2024 | Listed by RE/MAX Homeland West | $150,000 | |
| Listed by RE/MAX Homeland West | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017