2900 Chevy Chase Drive
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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 |
|---|---|---|---|
| Jan 18, 2024 | Sold | ||
| Sold | |||
| Nov 13, 2023 | Listed by Greenwood King Properties - Kirby Office | $2,500,000 | |
| Listed by Greenwood King Properties - Kirby Office | |||
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Situated on one of the premiere streets in River Oaks, this 16,950 sq ft, oversized lot (per HCAD) and existing home offer an opportunity to remodel or build a custom home. Property has beautiful trees, landscaping and privacy. House features 3 or 4 bedrooms, high ceilings, open kitchen den concept. Large master light and bright. These large lots rarely come on the market. Minutes to downtown and excellent public and private schools (Buyer to verify eligibility and attendance).
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017