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3735 Chippewa Circle
About This Property
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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.
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 |
|---|---|---|---|
| May 26, 2021 | Sold | ||
| Sold | |||
| Apr 25, 2021 | Listed by Berkshire Hathaway HomeServices California Properties | $695,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
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This beautiful 2-story home is located in a desirable neighborhood. The front yard has a sitting area and the backyard is a well designed oasis! There is a built in Barbeque and outdoor firepit. The entrance flows to the living room with cathedral ceilings and lots of light. The formal dining room is between the living room and kitchen. Downstairs also features a bedroom and a full bathroom. The kitchen is very spacious and perfect for entertaining. A large family room with a fireplace is next to the kitchen. The kitchen also has a large island. Enjoy the lovely view of the backyard from the kitchen. The flooring is high quality Lifeproof, water proof flooring throughout the home. At the top of the stairs is a large loft which makes a great office or a game room. The backyard is beautifully landscaped with stone and lots of hardscape. Fruit trees, flowers, green plants and incredible lighting in the backyard. 3 car garage! Easy access to the Foothill extension for quick access to the 91 west. The extension provides access to the Cleveland National Forest with hiking trails. The sales price was entered incorrectly and was always initially listed at 695000.00
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| Jul 15, 2020 | Sold | ||
| Sold | |||
| Mar 11, 2020 | Listed by Keller Williams Realty | $649,900 | |
| Listed by Keller Williams Realty | |||
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About South Corona
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017