40 Chippewa Dr
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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/01/2018
| |
2 Bed
|
1 Bath
|
775 ft²
|
$249,000
2 Bed
1 Bath
775 ft²
|
$239,000
-4.02%
12/04/2018
|
Joanne Mecke
Conway - Mattapoisett
|
|
05/14/2008
| |
3 Bed
|
2 Bath
|
904 ft²
|
$240,000
3 Bed
2 Bath
904 ft²
|
-
-
|
Terry Twombly
Success! Real Estate
|
|
04/08/2005
| |
5 Bed
|
2 Bath
|
1600 ft²
|
$299,000
5 Bed
2 Bath
1600 ft²
|
$297,000
-0.67%
07/12/2005
|
Dolores Royale
|
|
02/11/2004
| |
4 Bed
|
1 Bath
|
1200 ft²
|
$289,000
4 Bed
1 Bath
1200 ft²
|
$283,000
-2.08%
05/26/2004
|
Lorraine Smith
Coldwell Banker Realty - Plymouth
|
|
10/08/2001
| |
2 Bed
|
1 Bath
|
775 ft²
|
$139,000
2 Bed
1 Bath
775 ft²
|
$138,000
-0.72%
04/24/2002
|
Gail Aguiar
High Pointe Properties
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017