38
Map
22 Chippewa Road
About This Property
modern upgrades. Pride of ownership is evident throughout, beginning with the beautifully renovated modern kitchen (2016) and two updated
full bathrooms. Gorgeous property measuring 110 X 105. Enjoy year-round comfort with central air conditioning (high-velocity system on the
second floor) and dual-zone split units. Just in time for summer, step outside to a stunning stone and brick patio redone in 2022-complete with
an outdoor TV-perfect for relaxing or entertaining while overlooking the lush backyard. (plenty of room for a jungle gym) Additional highlights include a 7-zone lawn sprinkler system, proximity to the Tuckahoe Train Station and major transportation routes, and low taxes. Professionally measured at 2,480 Square Feet, all 3 levels. Study on the First Floor can be used as the 4th bedroom. Studio in the basement with a separate entrance makes for a perfect home office/study.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 29, 2025 | Sold | ||
| Sold | |||
| Jun 18, 2025 | In contract | - | |
| In contract | |||
| Jun 9, 2025 | Listed by RE/MAX Prime Properties | $899,000 | |
| Listed by RE/MAX Prime Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017