3944 W CHAPEL ROAD
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 12, 2025 | Sold | ||
| Sold | |||
| Apr 9, 2025 | In contract | - | |
| In contract | |||
| Mar 12, 2025 | Listed by Monument Sotheby's International Realty | $425,000 | |
| Listed by Monument Sotheby's International Realty | |||
| Feb 10, 2025 | Price Decreased |
$439,000
↓ $11K
(2.4%) | |
| Price Decreased | |||
| Sep 7, 2024 | Listed | $450,000 | |
| Listed | |||
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PRICE IMPROVEMENT FOR QUICK PRE-SPRING SALE!! Experience the beauty of this meticulously remodeled all-brick ranch-style home, complete with a spacious attached 2-car garage and an impressive 14x26 foot detached building. Nestled on a serene elevated corner lot in a quiet neighborhood of Chapel Hills, this property offers easy access to APG, Bel Air, and Interstate 95, making commuting a breeze.
No detail was overlooked in the home renovation. The modern custom kitchen features elegant cabinetry with over/under lighting, soft-close doors, and pull-out shelves, complemented by stunning granite countertops and a ceramic tile backsplash. Enjoy cooking with a gas range and a commercial-grade range hood, alongside brand-new stainless-steel appliances and durable Lifeproof flooring.
The bathroom has been thoughtfully redesigned, showcasing a luxurious standalone shower, a soaking tub, stylish cabinetry, and granite countertops, all beautifully illuminated by recessed lighting.
Step into the expansive yet cozy updated breezeway, complete with a Harman efficient pellet stove and large windows that flood the space with natural light. The heavy-duty vinyl plank flooring adds both style and durability.
The full basement has a private entrance and is perfect for entertaining, featuring new carpet, a faux fireplace, a bar area, and a Whirlpool washer and dryer.
Additional features of this home include a new 35-year architectural shingle roof, all-new double-hung vinyl triple-pane windows throughout, a steel entry door and storm door, recessed lighting, fresh paint, and a new high-capacity well pump and pressure tank. Stay comfortable year-round with a new double mini-split air conditioning (A/C) system equipped with a heat pump, along with an owned propane tank.
This superb location offers convenient access to recreation centers, gyms, shopping, restaurants, breweries, and the historic Havre de Grace waterfront, as well as Ripken Stadium. Don’t miss your chance to own this exceptional home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017