330 CHAPPELL ST
About This Property
Details: 4 BDRM, 2 FULL BA. Bright, airy enclosed four-season sunroom with custom shelving accesses both the kitchen and dining rooms and sits adjacent to a newer, three-season porch with 14-ft angled ceilings with craft beams. ***The room also offers three sides of window/screen options and two custom ceiling fans.
****Kitchen experience is updated with stainless-steel appliances and features a modern cutout view overlooking sunroom to encourage conversation. Extensive moldings and built-in bookshelves throughout home. ***Primary Bedroom is situated on main floor and features a large, walk-in closet with additional shelving, and an updated bathroom containing enlarged glass shower, ceramic tub and new double-sink vanity. ***Upstairs, three additional bedrooms await, one with a "secret" room that can be used for games, an artist's hutch or for additional storage. ***Masonry gas-burning fireplace in living room. ***Numerous updates include newer windows throughout, sunroom (2013), porch enclosure (2020) gas heat, central AC, and exterior full-house generator for storms. ***Convenient to stores, restaurants, parks, and more! ***Includes unfinished basement, generator, & exterior shed for additional storage on a quarter-acre lot. ***This one is a must-see! ***Home Warranty included.
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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.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017