181 Chapel St.
About This Property
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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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Nov 14, 2024 | In contract | - | |
| In contract | |||
| Nov 11, 2024 | Listed by RE/MAX Vision | $399,000 | |
| Listed by RE/MAX Vision | |||
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Spacious raised ranch on large flat lot with easy highway access to Route 2! This property features an open floor plan with engineered hardwood flooring throughout. Two spacious bedrooms on the first floor with updated bath and access to the deck from the kitchen. Additional bedroom on ground floor with full window and closet. The ground floor has a family room with gas fireplace on its own thermostat. Large storage room, half bath with laundry. Buderus furnace and newer oil tank.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017