3436 N Chameleon Point
About This Property
Imagine a 3-car garage with an exquisite 1600 sq ft loft? This is it. There is plenty of potential for a work-from-home based business, with lots of storage. Loft has a master suite with a large closet, garden tub, and shower. The kitchen is set up with lots of solid wood cabinets, granite tops, a cooktop, and an Island for prep. A large open living/dining area is perfect for family gatherings. The garage is partially renovated with a bedroom, bathroom, and living room. On the property is a 2 wide mobile home in need of rehab which could bring in rent or accommodate family. Lots of property maintenance equipment will convey with the accepted offer There is plenty of room to park your boat, toys, and truck inside as well. Come check it out!
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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 |
|---|---|---|---|
| Jun 3, 2024 | Sold | ||
| Sold | |||
| May 17, 2024 | In contract | - | |
| In contract | |||
| May 9, 2024 | Price Decreased |
$229,000
↓ $10K
(4.2%) | |
| Price Decreased | |||
| Feb 16, 2024 | Price Decreased |
$239,000
↓ $40K
(14.3%) | |
| Price Decreased | |||
| Oct 13, 2023 | Relisted | $279,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017