50
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227 Cheddington 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 |
|---|---|---|---|
| Aug 6, 2026 | Listed by The Sears Group | $469,000 | |
| Listed by The Sears Group | |||
| May 15, 2026 | Listed by The Sears Group | $475,000 | |
| Listed by The Sears Group | |||
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Experience refined living in this extensively upgraded 5-bed, 3.5-bath home nestled on a premium corner lot in the sought-after Governors Place community & zoned to acclaimed Katy ISD. Offering 3,198 SF of elegant living space, this home showcases soaring ceilings, rich wood-look tile flooring, formal dining, a private study with French doors, expansive living areas & an oversized upstairs gameroom w/loft space. The beautifully appointed island kitchen features granite counters, gas cooking, abundant cabinetry & seamless flow for entertaining. Retreat to the luxurious primary suite with spa-inspired bath, jetted tub, separate shower & customized closet upgrades. Over $150K in improvements include TWO brand new HVAC systems, plantation shutters throughout 36+ windows, upgraded lighting, designer ceiling fans, fresh interior paint, renovated baths, pergola-covered patio & extensive concrete work. Oversized detached 3-car garage & spacious backyard complete this exceptional property.
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| Dec 22, 2022 | Sold | ||
| Sold | |||
| Oct 24, 2022 | Listed by Opendoor Brokerage, LLC | $396,000 | |
| Listed by Opendoor Brokerage, LLC | |||
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Your dream home is waiting for you! This home has fresh interior paint and partial flooring replacement. Discover a bright and open interior with plenty of natural light and a neutral color palate, complimented by a fireplace. This kitchen has everything you need! A center island, walk in pantry, and stylish backsplash accent will have you looking forward to cooking. Relax in your primary suite with a walk in closet included. Other bedrooms provide nice flexible living space. The primary bathroom is fully equipped with a separate tub and shower, double sinks, and plenty of under sink storage. Take it easy in the fenced in back yard. The sitting area makes it great for BBQs! Don't wait! Make this beautiful home yours today. This home has been virtually staged to illustrate its potential
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017