4 Chippewa Lane
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 |
|---|---|---|---|
| Jun 27, 2025 | Sold | ||
| Sold | |||
| May 21, 2025 | In contract | - | |
| In contract | |||
| May 15, 2025 | Price Decreased |
$1,595,000
↓ $100K
(5.9%) | |
| Price Decreased | |||
| Mar 18, 2025 | Listed | $1,695,000 | |
| Listed | |||
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Elegant contemporary colonial nestled at the end of a highly desirable private cul-de-sac conveniently located & set on 1.4 gorgeous acres of classic luxury.Enter into the welcoming 2-story foyer, the living rm has French doors leading to an oversize dining rm, sundrenched eat-in kitchen w/granite, stainless appliances, pantry & breakfast area surrounded by windows.The kitchen opens into a grand family rm w/high ceilings & fireplace.The 1st level includes a striking sunroom, office, ½-bath, mudroom and 3-car garage w/Tesla charger.The 2nd level has a stunning ensuite Primary bedroom w/sitting area, dressing area, walk-in closet & spa-like bath.There is also a 2nd large suite w/full bath & 2 more large bedrooms w/ 3rd full bath.Descend to the LL with expansive recreation area complete w/full bath, large family rm, exercise rm & kitchenette perfect for Au-Pair or In-Law.The beautiful backyard is fully fenced-in.Perfectly designed for gathering friends & family for a lifetime of memories!
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| Mar 17, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017