198 Chipper Dr.
About This Property
This home has a new roof, new electric panel, ample privacy and charm. There's a warm ambiance throughout the house, making it easy to relax when sitting by the fireplace, reading in the family room, or sitting on the patio, enjoying your very own serene piece of nature. The newly constructed exterior side stairs and tiered garden beds are comprised of beautiful, strong and unique railroad ties!
The spacious bedrooms have great storage, double closets, and the main bedroom features an ensuite.
Convenience is paramount with the many nearby amenities, Shaler school district and welcoming neighbors.
Come take a look today!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017