38 Chapman St
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 |
|---|---|---|---|
| Nov 5, 2021 | Sold | ||
| Sold | |||
| Sep 22, 2021 | Listed by J. L. Pratt REALTORS® | $749,000 | |
| Listed by J. L. Pratt REALTORS® | |||
| Nov 16, 2016 | Sold | ||
| Sold | |||
| Jun 6, 2016 | Listed by Donahue Real Estate Co. | $559,900 | |
| Listed by Donahue Real Estate Co. | |||
| | |||
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Location location!!! Scenic Chapman Street set back brick front colonial. Newly renovated eat-in kitchen, new cabinets, granite counters, stainless steel appliances, solid wood floors, front to back living room, recessed lighting throughoput. Updated I/2 bath, new 2 car garage addition with mudroom area and 23x25 unfinished 2nd floor bonus room ready for your finishing touches.
| |||
| Dec 16, 2005 | Sold | ||
| Sold | |||
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