39869 Chippewa Circle
About This Property
Welcome home! Centrally located and nestled in a quiet neighborhood just minutes from the 215 and 15 freeways! Low tax and no HOA standard sale. Vaulted ceilings, family room with a fireplace, newer wood like TILE flooring throughout the first floor, newer stainless steel appliances including a 5 burner range/oven combo, crown molding throughout the home and new remote operated ceiling fans in all bedrooms. Master bedroom has a double door entry with a vaulted ceiling, combo tub/shower, dual sinks and his/her closets with one being a walk in. The 2 other bedrooms share a Jack and Jill bathroom, each with their own entry. New paint, new garage door opener and springs, extra storage, and overhead lighting are upgrades included in the garage. Big, private backyard with a new, timer set, sprinkler system. Alarm system and Ring doorbell for security. Don't miss this opportunity! It won't
last long!
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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 |
|---|---|---|---|
| Mar 29, 2019 | Sold | ||
| Sold | |||
| Feb 1, 2019 | Listed by Century 21 Preferred | $365,000 | |
| Listed by Century 21 Preferred | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017