218 CHEVY CHASE DR
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 |
|---|---|---|---|
| Jul 9, 2017 | Listed | $399,999 | |
| Listed | |||
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Beautifully renovated by a local architect, this adorable cottage w/open, flowing floorplan is nestled on a large corner lot. Updates include: 30 yr heavy comp roof; updated electrical with 200 amp service, replaced plumbing lines and fixtures; Hi-effc HVAC & duct work; hand-made custom cabinets, Brazilian granite; luxurious master bath w/double vanity, huge walk-in shwr w/ dbl heads; custom front deck; flagstone patio. ONE OF KIND! WON'T LAST!! Walk to shopping and dining!!The manager has listed the unit size as 1868 square feet.
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| Jan 12, 2016 | Sold | ||
| Sold | |||
| Mar 31, 2015 | Listed by RE/MAX Associates | $365,000 | |
| Listed by RE/MAX Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017