2 Chapel Street
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 |
|---|---|---|---|
| Jun 25, 2025 | Sold | ||
| Sold | |||
| May 9, 2025 | Listed by Keller Williams Realty Greater Rochester | $65,000 | |
| Listed by Keller Williams Realty Greater Rochester | |||
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Here's your chance to own the historic Village of Castile jail that was converted into this adorable home. This home was completely renovated in 2019 however it is currently in need of repair of the cement slab and new flooring on the first floor and is being sold AS IS. The 2019 renovations included a new metal roof, windows, shaker vinyl siding, exterior paint, all new kitchen and bathroom, lighting/ceiling fans, and appliances. New gutters-2020 and gutter guards in 2022. The kitchen has a generous amount of cabinetry/counter space, tile backsplash, recessed lighting, stainless steel sink, gas stove, and stainless steel refrigerator. The bathroom has a steam shower and new vanity & toilet. The entire 2nd floor is one large bedroom with built in cabinets/desk. Laundry is on the 2nd floor. All appliances remain. 100 amp electric service. Inexpensive village electric. Trash service is included in the taxes. The property is about 1 mile from access to Letchworth State Park and about 4 miles to the Silver Lake Boat Launch which makes a great location for a low maintenance rental property.
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| Jun 12, 2020 | Sold | ||
| Sold | |||
| Mar 10, 2020 | Listed by Howard Hanna | $59,999 | |
| Listed by Howard Hanna | |||
| Mar 30, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017