25
Map
24 Chapel Street
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 29, 2024 | Sold | ||
| Sold | |||
| Jul 4, 2024 | In contract | - | |
| In contract | |||
| Jun 12, 2024 | Listed by WEICHERT CO REALTORS | $669,000 | |
| Listed by WEICHERT CO REALTORS | |||
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This meticulously maintained 3-bedroom, 2.5-bathroom BRICK ranch in the charming town of Edison has everything you've been looking for. The property features a living and dining room with hardwood floors, an eat-in kitchen, a long driveway, and a two-car garage. It boasts a full/partially finished basement with a second kitchen, a playroom area with a wood fireplace, laundry facilities, an office space, and ample storage. The backyard is a perfect oasis for anyone looking to escape their busy life. The house is fully equipped with a security camera system, a whole-house generator with an automatic switch for power outages, a smart thermostat, and intelligent lighting. Additionally, it offers a 4-zone smart sprinkling system with a rain sensor and solar panels (paperwork can be transferred to the new owner). Conveniently located near major highways and only six minutes from the train station, this is an opportunity you simply cannot miss!
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| Nov 8, 2023 | Sold | ||
| Sold | |||
| Aug 12, 2023 | Listed by WEICHERT CO REALTORS | $595,000 | |
| Listed by WEICHERT CO REALTORS | |||
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Welcome home! This meticulously maintained 3-bedroom, 2.5-bathroom ranch in the charming town of Edison has everything you've been looking for. The property features a living and dining room with hardwood floors, an eat-in kitchen, a long driveway, and a two-car garage. It boasts a full/partially finished basement with a second kitchen, a playroom area with a wood fireplace, laundry facilities, an office space, and ample storage. The backyard is a perfect oasis for anyone looking to escape their busy life. The house is fully equipped with a security camera system, a whole-house generator with an automatic switch for power outages, a smart thermostat, and intelligent lighting. Additionally, it offers a 4-zone smart sprinkling system with a rain sensor and solar panels (paperwork can be transferred to the new owner). Conveniently located near major highways and only six minutes from the train station, this is an opportunity you simply cannot miss! Please submit your offer by Wednesday 8/23 before 5pm.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017