3379 Chinquapin Drive
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 27, 2020 | Sold | ||
| Sold | |||
| Jul 1, 2020 | Listed by TN Smoky Mtn Realty | $229,900 | |
| Listed by TN Smoky Mtn Realty | |||
| May 5, 2020 | No longer available | - | |
| No longer available | |||
| Mar 9, 2020 | Price Decreased |
$335,000
↓ $15K
(4.3%) | |
| Price Decreased | |||
| Oct 3, 2019 | Listed | $350,000 | |
| Listed | |||
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This mountain chalet has views and 3.44 acres to build another property if desired! 3 levels, all above grade. The property was upgraded before the sellers purchased and they have also done upgrades since. Granite counters were added in kitchen in 2017, new metal roof 2015, outside repainted in 2018, new flooring on main level (including bedrooms and bath), new washer/dryer 2019. Before the sellers purchased the previous owner covered the top windows in the great room. A buyer could open back up if desired. Land is sloping and the majority is in front of the property which is the view side. Lots of options. Roads are very well maintained and have been repaved recently. See additional info and disclosures in associated docs. Some furnishings negotiable. The manager has listed the unit size as 2328 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017