301 Chastain ROAD
About This Property
Large quiet treed lot near Lake Weeks. 1.79 acres (200 x 360). Very private, Fenced, Long driveway. 60 x 30 Metal Building (1800 sq ft) with Power and Light (built 2020), Completely updated, New Roof and split AC in 2020, New Stucco and Paint in 2022, Ideal for a large family. Close to I4/I75
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Cap Rate Calculator
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 5, 2024 | Sold | ||
| Sold | |||
| Oct 25, 2023 | In contract | - | |
| In contract | |||
| Oct 24, 2023 | Price Decreased |
$539,000
↓ $9K
(1.6%) | |
| Price Decreased | |||
| Oct 19, 2023 | Price Decreased |
$547,500
↓ $2K
(0.3%) | |
| Price Decreased | |||
| Oct 10, 2023 | Listed by EZ CHOICE MLS, INC | $549,000 | |
| Listed by EZ CHOICE MLS, INC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017