35 Chase Mills Place
About This Property
NO FLOODING ON THIS PROPERTY OR STRUCTURE.
A gated entry leads to a courtyard with pavers, fireplace and water feature. *Interior of the home features wood floors throughout living areas including the study and the primary bedroom.*French doors with etched glass open into a private study. It has built-in shelving unit that features custom made barn doors.
*Family room has a vaulted ceiling and a wall of windows overlooking the landscaped backyard.*Formal dining room connects with kitchen via a butler's pantry. There is also wine grotto with wrought iron door.
*Primary bedroom has tray ceiling and plenty of room for sitting area.*There are two outdoor seating areas. One at the front with the fireplace and the second is a covered patio off the breakfast room. This is a beautiful home with many upgrades. A list of features can be found in the attachments.
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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 |
|---|---|---|---|
| Dec 3, 2021 | Sold | ||
| Sold | |||
| Nov 11, 2021 | Listed by Walzel Properties | $515,000 | |
| Listed by Walzel Properties | |||
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Gorgeous Coventry Builder former model home. Located in gated community of Timarron Lakes.
NO FLOODING ON THIS PROPERTY OR STRUCTURE.
A gated entry leads to a courtyard with pavers, fireplace and water feature. *Interior of the home features wood floors throughout living areas including the study and the primary bedroom.*French doors with etched glass open into a private study. It has built-in shelving unit that features custom made barn doors.
*Family room has a vaulted ceiling and a wall of windows overlooking the landscaped backyard.*Formal dining room connects with kitchen via a butler's pantry. There is also wine grotto with wrought iron door.
*Primary bedroom has tray ceiling and plenty of room for sitting area.*There are two outdoor seating areas. One at the front with the fireplace and the second is a covered patio off the breakfast room. This is a beautiful home with many upgrades. A list of features can be found in the attachments.
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017