24 Choate Ln
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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 |
|---|---|---|---|
| Apr 2, 2021 | Sold | ||
| Sold | |||
| Dec 1, 2019 | Listed by William Raveis R.E. & Home Services | $997,900 | |
| Listed by William Raveis R.E. & Home Services | |||
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NEW architectural grade asphalt shingle ROOF!!! Premier location. Commanding views overlooking the Robert Trent Jones designed golf course . First floor consists of a living room, formal dining room, family room and eat in kitchen with indoor grill. There is a FIRST FLOOR MASTER SUITE with two walk in closets and direct access to private deck. An office and two half baths completes this floor. The second floor offers a full bathroom, a generously sized bedroom and a second floor master suite with dressing area and ensuite bath. All rooms offer views of the golf course. There is a complete above grade au pair/ in-law living area located on the lower level with direct garage access, private entrance, sitting room and bedroom with ensuite bathroom and a cozy fireplace. For the car enthusiast, 3+ oversized garage spaces. Bring your Designer and ideas! Roof to be installed Nov 2020. Ipswich offers a historic center, miles of sandy beach and rapid train to Boston.
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| Dec 15, 1995 | Sold | ||
| Sold | |||
| May 20, 1994 | Listed | $895,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017