31710 Chapel Rock Lane
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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%.
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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 |
|---|---|---|---|
| May 30, 2023 | Sold | ||
| Sold | |||
| Apr 20, 2023 | Listed by BHGRE Gary Greene | $420,000 | |
| Listed by BHGRE Gary Greene | |||
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Isn't it time you looked at a Lennar built home in planned community of The Falls at Imperial Oaks? This house has it all. The AC Unit has a smart controller, built-in air purifier, and newly replaced coils. The 1st-floor flex space easily transitions to a home office, additional entertaining space, or formal dining room to meet your family's needs. Enjoy creating meals in the open kitchen w counter-height island seating, gas stove, under-cabinet lighting, upgraded cabinetry, & more. Relax & unwind in the owner's suite w a private en-suite bath including double sinks, soaking tub, a separate shower, & walk-in closet. The secluded backyard host an expansive covered patio area for lounging and watching TV. Abundant community amenities. No flooding!
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| Jul 30, 2021 | Sold | ||
| Sold | |||
| Jun 25, 2021 | Listed by Century 21 Realty Partners | $349,900 | |
| Listed by Century 21 Realty Partners | |||
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Impressive 4 bedroom, 2.5 bath, 3 car garage home w study/flex space & large gameroom. Situated on a large corner lot in the award-winning planned community of The Falls at Imperial Oaks, you'll love to call this place home. Enjoy creating family meals in the open kitchen w counter height island seating, gas stove, under cabinet lighting, upgraded cabinetry, & more. The breakfast area easily accommodates a large table for family meals. Open greatroom area with wall of windows and gas fireplace. Relax & unwind in the owner's suite w a private en'suite bath including double sinks, soaking tub, separate shower, & walk-in closet. The 1st floor flex space easily transitions to a home office, additional entertaining space, or formal dining room to meet your family's needs. Generously sized secondary bedrooms & spacious gameroom upstairs. The backyard space is perfect for kids & pets to play w an extended covered patio area. Abundant community amenities. Sought after schools. No flooding!
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Property Highlights
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Price/ft²
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About Montgomery
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Last Updated: 4 months ago
Data Source: HAR , MLS# 52195023
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