3000 Chelsea 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 |
|---|---|---|---|
| Jul 1, 2024 | Sold | ||
| Sold | |||
| Jun 2, 2024 | In contract | - | |
| In contract | |||
| Sep 12, 2023 | Listed by EXP Realty | $169,000 | |
| Listed by EXP Realty | |||
| Nov 28, 2022 | Sold | ||
| Sold | |||
| Sep 21, 2022 | Listed by Martha E. Diebold/Hanover | $178,000 | |
| Listed by Martha E. Diebold/Hanover | |||
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With over 2200 feet of road frontage on a paved road this land lends itself to many possibilities whether it be a secluded home site, possible subdivision, or a quiet place to enjoy nature. A mixture of hard and soft woods, manageable topography and a sublime year round stream that delights the senses. Pleasant commute to shopping, town and wonderful, local, Northeast Slope Ski area.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017