40 Chapelgate 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 |
|---|---|---|---|
| Dec 30, 2024 | Sold | ||
| Sold | |||
| Nov 17, 2024 | In contract | - | |
| In contract | |||
| Nov 12, 2024 | Listed by Coldwell Banker Realty - Canton | $1,250,000 | |
| Listed by Coldwell Banker Realty - Canton | |||
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Set in the popular and sought-after Chapelgate Estates, this custom-built and lovingly maintained center entrance colonial with its open foyer is perfectly situated at the end of a small cul-de-sac neighborhood. This bright and sunny home offers a first-floor office, formal living room, and dining room. The family room features a gas fireplace set within a wall of lovely built-ins, and the glass-surround breakfast room leads to a composite deck with LED lighting. There is also a convenient mud/laundry room with direct entrance to the two-car garage. Upstairs, there is a large primary suite with a walk-in closet and a bath with a jacuzzi tub, separate shower, and double vanity. Three large bedrooms and a full bath complete the second floor. The lower level features a beautifully finished walk-out basement with a kitchen area that provides an additional 620 sq ft of family space. This home is a short walk to the school, library, town and train and just minutes from major highway access.
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| Jun 25, 2019 | Sold | ||
| Sold | |||
| Mar 14, 2019 | Listed by Coldwell Banker Realty - Canton | $839,700 | |
| Listed by Coldwell Banker Realty - Canton | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017