2511 Chapman Highway
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 |
|---|---|---|---|
| Jul 12, 2024 | Sold | ||
| Sold | |||
| Mar 13, 2024 | Listed by Century 21 MVP | $399,500 | |
| Listed by Century 21 MVP | |||
| Jun 28, 2016 | Sold | ||
| Sold | |||
| Nov 19, 2015 | Listed by RE/MAX Adventure Realty | $239,500 | |
| Listed by RE/MAX Adventure Realty | |||
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An Absolutely Great 4 BR, 3 BA home convenient to Knoxville, Sevierville and all of the Great Smoky Mountain areas. With highway access there are no worries of having to take those dark and curvy back roads home. You could even have a home business with excellent traffic flow on a main artery between Knoxville and Sevierville. This home has been remodeled by the current owner to give it a nice appeal. You will certainly see this as you enter the home's main room, and it continues throughout. With an exceptional eye for detail, this home has everything one would want for themselves and their family. Spacious yard area and even some nice views out back. You get great country living with easy city access and a home that's ready for you! The downstairs unfinished basement was even once used as a separate apartment, but that has been taken out by the current owner. Tax Office reflects year built as 1952 and effective age is 1966. Lot size dimensions are approximate from Tax Office website.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017