400 Chip Street
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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 6, 2025 | Sold | ||
| Sold | |||
| Apr 8, 2025 | In contract | - | |
| In contract | |||
| Mar 25, 2025 | Listed by Lucia Robledo Smith | $190,000 | |
| Listed by Lucia Robledo Smith | |||
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Updated Corner Lot home with 2 Bedrooms, 2 Bathrooms and 3 car garages. The home is ready for immediate move in. The Kitchen has been updated with all new cabinets and granite countertops and flooring. Electrical system replaced 2024. Single car garage attached and oversized 2 car garage detached which would be perfect for a workshop and/or boat storage.
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| Mar 29, 2024 | Sold | ||
| Sold | |||
| Mar 25, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017