25 Chatham St
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 |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Nov 8, 2024 | In contract | - | |
| In contract | |||
| Oct 27, 2024 | Listed by LoKation | $270,000 | |
| Listed by LoKation | |||
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Discover the charm and affordability of this inviting 2-bed, 1-bath mountain home on a spacious .23-acre lot with stunning views! Live here full-time or create a mountain vacation getaway. This light-filled home boasts an open floor plan with large windows and numerous updates throughout. The main level features new vinyl plank flooring, a remodeled 3/4 bath, new insulation both inside and under the house, LED lighting and fresh interior paint throughout. The bathroom has been thoughtfully updated with a new shower, modern vanity, fixtures, tile flooring, and new toilet. The kitchen provides a blankcanvas, awaiting your personal design, with only a refrigerator in place and endless potential for customization. Additional recent updates include a hot water heater, clothes washer, and furnace (all 2019). Outside features include a storage shed, ample space for RV parking, and easy access to the surrounding mountain towns of Ward, Nederland, and Jamestown. With nearby Brainard Lake National Recreation Area and Eldora Mountain Ski Resort, this home is a paradise for outdoor enthusiasts. Embrace year-round outdoor recreation opportunities like hiking, fishing, skiing, biking, and wildlife viewing, all set within the serene beauty and laidback vibe of mountain living.
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| Aug 9, 2024 | Listed | $270,000 | |
| Listed | |||
| Aug 20, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017