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2401 Chimney Hill Drive
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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 |
|---|---|---|---|
| Jul 11, 2026 | Listed by Redfin Corporation | $850,000 | |
| Listed by Redfin Corporation | |||
| Oct 3, 2024 | Sold | ||
| Sold | |||
| Sep 12, 2024 | In contract | - | |
| In contract | |||
| Aug 16, 2024 | Listed by Keller Williams Lonestar DFW | $290,000 | |
| Listed by Keller Williams Lonestar DFW | |||
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BEST & FINAL OFFERS due Fri Aug 23 4pm. Amazing find for any investor! 4 bedrooms, 3 full baths, 1 half bath in Arlington with easy access to I-30, just a few minutes from the Arlington entertainment district, easy access to DFW Airport and a straight shot to Fort Worth or Dallas. Grand entry welcomes guest to the upper level of the split first floor where the main living areas abound. Great room is open to the kitchen and dining area perfect for large gatherings and easy entertaining. Split private bedroom on this level is perfect for guests. With the second floor all to itself, the private primary suite is the perfect oasis after a long day. The lower level of the first floor boasts of the remaining 2 bedrooms each have a private entrance to the shared full bath. Enjoy sunny weekends in the pool, or take a break from the water on the expansive deck sure to be the gathering spot for the best barbeque parties in town. You don't want to miss this REO opportunity!
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About North Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017