2 Chatham Street
About This Property
Primary bedroom boasts remodeled en-suite bath. Two additional bedroom share the hall bath. Downstairs showcases luxury vinyl flooring and maintains family room with wood burning fireplace and natural stone surround. Additional room, currently purposed as an office is where the 4th bedroom would be. Powder room, utility room and large laundry room with private door to the exterior complete this level. Located in in close proximity to Foxwood Pond, you can enjoy some fishing with friends. Suffern offers a highly rated school district and easy NYC commuting options via bus or train. Additional Information: ParkingFeatures:1 Car Attached,
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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 |
|---|---|---|---|
| Jul 28, 2022 | In contract | - | |
| In contract | |||
| Jul 15, 2022 | Listed by Keller Williams Valley Realty | $575,000 | |
| Listed by Keller Williams Valley Realty | |||
| Jul 10, 1998 | Sold | ||
| Sold | |||
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About Suffern
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017