268 Chippewa Road
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 |
|---|---|---|---|
| Nov 12, 2021 | Sold | ||
| Sold | |||
| Oct 10, 2021 | Listed by RE/MAX Momentum | $689,000 | |
| Listed by RE/MAX Momentum | |||
| Oct 7, 2021 | Sold | ||
| Sold | |||
| Jul 26, 2021 | Listed by RE/MAX Momentum | $698,000 | |
| Listed by RE/MAX Momentum | |||
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Incredible views from this fully furnished luxury mountain home resting on 3.5 acres. Relax on the beautiful front porch and enjoy the seclusion this property offers. As you step into the large entry way you are welcomed with breath taking views from the large windows. Entertaining is easy in this open kitchen with an abundance of counter space. Step out onto the large deck, enjoy the views while grilling or enjoying the gas fire pit. The owners suite is located on the main floor offering access to the deck, custom bathroom, walk in closet and custom built in bunk beds. Upstairs you will find 2 bedrooms as well as a loft area with additional sleeping space, an amazing game room with a pool table, as well as another updated bathroom. The basement offers a sauna, full bathroom, and 4th bedroom. Oversized attached 2 car garage, and a wood shop/shed. While this home is 4 bedrooms, there is more sleeping space making it possible to sleep 14+ people, perfect for a short term rental!
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| Jun 17, 2021 | Listed by RE/MAX Momentum | $698,000 | |
| Listed by RE/MAX Momentum | |||
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Incredible views from this luxury mountain home sitting on 3.5 acres. Relax on the beautiful front porch and enjoy the seclusion this property offers. When you walk into the large entry way you are welcomed with breath taking views from the large windows. Entertaining is easy in this large open kitchen with an abundance of counter space. You will enjoy relaxing by the fire in the living room while enjoying those amazing views. Step out onto the large deck and take in the views while grilling or enjoying the gas fire pit. The main floor has a large owners suite featuring access to the deck, spacious custom bathroom, walk in closet and custom built in bunk beds. Upstairs you will find two additional bedrooms as well as a loft area with additional sleeping space, an amazing game room with a pool table, as well as another updated bathroom. The basement offers a sauna, full bathroom, and additional bedroom. There is room for all your toys in the oversized attached two car garage, in addition there is a wood shop/shed. While this home is 4 bedrooms, there is additional sleeping space making it possible to sleep 14+ people!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017