31
Map
270 Chippewa Ln
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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2024 | In contract | - | |
| In contract | |||
| Aug 30, 2024 | Listed by Jefferson Real Estate | $774,900 | |
| Listed by Jefferson Real Estate | |||
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This elegant, warm and comfortable cabin is perfectly designed to be whatever you imagine for it. Impeccably maintained and move in ready, each of the three levels offers living space, sleeping space, and a full bath. A covered entry leads into a mud room with plenty of storage space. The main level great room is bright and open with a wall of windows that opens up to a wrap around deck to enjoy the vast mountain views. The spacious kitchen and dining area create the perfect entertaining space, and the stone faced gas log fireplace will keep everyone warm and cozy. A bedroom and full bath are conveniently tucked off to the side. A hand hewn staircase leads up to a spacious loft with a sitting area and office space, the perfect place to work, relax, and take in the view. A primary suite with a full bath offers ultimate privacy and luxury. The basement level with plenty of windows to let in the sunshine has a huge family room that opens out to a concrete patio, a second gas fireplace to keep you warm, and another bedroom and full bath. This hidden gem is nestled on a beautifully treed lot tucked back on a quiet street in Indian Mountain with easy access to all that the area offers. The beautiful lot has rolling hills, mature trees, a circular gravel driveway, and a firepit for relaxing and entertaining. The one car tuck under garage will serve all your storage needs. The secluded location and outstanding mountain views make it the perfect home, weekend getaway, or vacation rental.
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| Apr 3, 2023 | Sold | ||
| Sold | |||
| Feb 20, 2023 | Listed | $685,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017