21302 Chenango Lake Drive
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 |
|---|---|---|---|
| Feb 18, 2022 | Sold | ||
| Sold | |||
| Jul 30, 2021 | Listed by RE/MAX American Dream | $125,000 | |
| Listed by RE/MAX American Dream | |||
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Looking to build your custom home close to town, but with a country feel? This is your place. Chenango Ranch is conveniently located just minutes from 288 to make your commute easy but still has a quiet feel to it. This 1.25 acre lot is situated on the neighborhood lake, giving you easy access to fishing, kayaking, canoeing, etc. The lot features grand, mature trees and has already had quite a bit of clearing done to get ready for construction. Also important to note, no well is required as there is a community water system in this neighborhood.
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| Oct 30, 2020 | Sold | ||
| Sold | |||
| Dec 6, 2018 | No longer available | - | |
| No longer available | |||
| Sep 5, 2018 | Listed | $64,900 | |
| Listed | |||
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The manager has listed the unit size as 54755 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017