37 Chippingstone Rd
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 |
|---|---|---|---|
| Dec 14, 2018 | Sold | ||
| Sold | |||
| Oct 25, 2018 | Listed by William Raveis R.E. & Home Services | $365,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| Jul 12, 2011 | Sold | ||
| Sold | |||
| Oct 10, 2007 | Sold | ||
| Sold | |||
| Jun 28, 2007 | Listed by Non Member Office | $365,000 | |
| Listed by Non Member Office | |||
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Captivating and classy Cape-style home with a touch of gingerbread outside and distinctive architectural detailing inside, it was so extensively renovated in 2005 it is essentially a brand new home! The renewal was architect-designed by Tim Luff and implemented by the current owner who is a builder-craftsman. It boasts all new Pella Proline windows, brand new asphalt shingle roof, pre-dipped wood shingle siding. Inside are gleaming maple floors and and custom woodwork. Central AC too!
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