245 Chimney Rock Road
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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 |
|---|---|---|---|
| Mar 24, 2022 | Sold | ||
| Sold | |||
| Oct 20, 2021 | Listed by Keller Williams Realty - Memor | $1,695,000 | |
| Listed by Keller Williams Realty - Memor | |||
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Gorgeous sophisticated Mid-Century Modern estate property with rare Bayou view. With a preservation mindset, the owners kept much of the original materials to capture the vintage aesthetic and stay true to the Modernist movement. Clean lines, colorful, mod, and curvy. Floor-to-ceiling tempered glass windows allow plenty of ambient natural light precluding any need for an artificial source, giving beautiful hues and rich color throughout the home during the day or at night. Three large outdoor spaces allow for tons of entertaining in the large grass-covered yard, pool house a festive retro-designed art wall with blue uplighting, private bayou view wooded walkway to tree-covered wood "party" deck. Artfully kept kitchen has many modern conveniences with built-in stainless steel Thermador refrigerator/freezer towers, Bosch dishwasher, Dacor convection microwave oven in an appliance garage, best-in-class 6 burner gas range. 1st fl primary suite and 2nd fl owners retreat (see pictures)
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Sep 3, 2021 | No longer available | - | |
| No longer available | |||
| Aug 16, 2021 | Listed by Keller Williams - Houston Memorial | $1,725,000 | |
| Listed by Keller Williams - Houston Memorial | |||
| | |||
|
Gorgeous sophisticated Mid-Century Modern estate property with rare Bayou view. With a preservation mindset, the owners kept much of the original materials to capture the vintage aesthetic and stay true to the Modernist movement. Clean lines, colorful, mod, and curvy. Floor-to-ceiling tempered glass windows allow plenty of ambient natural light precluding any need for an artificial source, giving beautiful hues and rich color throughout the home during the day or at night. Three large outdoor spaces allow for tons of entertaining in the large grass-covered yard, pool house a festive retro-designed art wall with blue uplighting, private bayou view wooded walkway to tree-covered wood "party" deck. Artfully kept kitchen has many modern conveniences with built-in stainless steel Thermador refrigerator/freezer towers, Bosch dishwasher, Dacor convection microwave oven in an appliance garage, best-in-class 6 burner gas range. 1st fl primary suite and 2nd fl owners retreat (see pictures) The manager has listed the unit size as 4321 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017