3817 Chevy Chase Drive
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 |
|---|---|---|---|
| May 16, 2024 | Sold | ||
| Sold | |||
| May 7, 2024 | In contract | - | |
| In contract | |||
| May 3, 2024 | Listed by Compass RE Texas, LLC - Houston | $2,695,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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Discover the epitome of luxury in this completely renovated traditional 4-bedroom home in prestigious River Oaks. This stunning residence has been meticulously upgraded from top to bottom, including brand-new plumbing and electrical systems, redesigned spaces and bedrooms, and the addition of high-end finishes throughout. An added feature of this home is a 428 sq ft garage apartment, which is ideal for guests or family members. Below the quarters is a 434 sq ft air conditioned storage room that could be transformed into a gym or office. Nestled in a prime location, the home offers a serene backyard oasis with a heated pool and professionally landscaped grounds, creating the perfect setting for relaxation and entertaining. This home is an absolute must-see!
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| Jan 13, 2023 | Sold | ||
| Sold | |||
| Dec 12, 2022 | Listed by Martha Turner Sotheby's International Realty | $1,795,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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Traditional 4 bedroom River Oaks home on a premier location, featuring a back yard oasis with covered wood deck, heated pool and professional landscaping. Spacious and light-filled living room with fireplace, gracious dining room leading to the large island kitchen with abundant counter and cabinet space. The expansive wood paneled family room also features a fireplace and opens to the covered deck and wonderful back yard. All bedrooms up; large light-filled primary suite with walk-in closet, bathroom with double sinks and walk-in jetted tub. Three spacious secondary bedrooms. Great garage apartment with inviting deck. Additional features include generator and sprinkler system. This wonderful home is ready for your updates!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017