2502 Chapel Hill Drive
About This Property
Step inside to discover a large remodeled kitchen featuring an inviting eat-in area that seamlessly opens into a spacious living area complete with a cozy fireplace, perfect for relaxing evenings. The home also includes a formal living room and dining area, providing elegant spaces for hosting special occasions.
The split bedroom layout ensures privacy, with a generously sized master suite boasting a luxurious master bath. The master bath features a tiled shower, a jetted soaking tub, dual vanities, and a walk-in closet outfitted with new shelving for optimal organization.
The beautifully landscaped yard is maintained with an efficient sprinkler system and includes a spacious storage shed.
Additional highlights include a Huge Driveway with ample space for RV or boat parking and an installed electric vehicle charging station, catering to modern lifestyle needs.
This stunning home offers the perfect combination of luxury, convenience, and a prime location. Investor Friendly! No Lowballs Please
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Cap Rate Calculator
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 9, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 3, 2025 | Price Decreased |
$490,000
↓ $10K
(2%) | |
| Price Decreased | |||
| May 19, 2025 | Price Decreased |
$500,000
↓ $20K
(3.9%) | |
| Price Decreased | |||
| May 13, 2025 | Price Decreased |
$520,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Apr 19, 2025 | Listed by TDRealty | $530,000 | |
| Listed by TDRealty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017