31
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226 Chivalry Lane
About This Property
The home is nestled on a unique, steep, tiered lot that offers potential for creative landscaping and outdoor living spaces, though it will require some additional maintenance. Whether you're an investor or a buyer looking to add your personal touch, this property presents a great opportunity with upside in a growing area.
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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 |
|---|---|---|---|
| Oct 20, 2026 | Price Decreased |
$189,900
↓ $10K
(5%) | |
| Price Decreased | |||
| Jul 23, 2026 | Price Decreased |
$199,900
↓ $10K
(4.8%) | |
| Price Decreased | |||
| Jul 13, 2026 | Price Decreased |
$209,900
↓ $5K
(2.4%) | |
| Price Decreased | |||
| Jun 3, 2026 | Price Decreased |
$215,000
↓ $10K
(4.4%) | |
| Price Decreased | |||
| May 26, 2026 | Price Decreased |
$224,900
↓ $5K
(2.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017