40332 Chantemar Way
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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%.
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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.
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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 |
|---|---|---|---|
| Jul 31, 2019 | Sold | ||
| Sold | |||
| Apr 11, 2019 | Listed by Pacific Sotheby's Int'l Realty | $519,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
| Sep 7, 2018 | No longer available | - | |
| No longer available | |||
| Sep 4, 2018 | Sold | ||
| Sold | |||
| Aug 23, 2018 | Listed | $515,000 | |
| Listed | |||
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HUGE PRICE REDUCTION! Welcome to this absolutely Beautiful 5 bedroom 3 bath home in Chantamar Estates Villas. Walk in the front door and feel right at home with it's warm newly painted custom colors and gorgeous laminate flooring. The home offers both a formal living room and an open concept Family room. The recently upgraded kitchen has a Gigantic breathtaking slab of beautiful granite big enough for the entire family. There's one bedroom and full bath downstairs, the bedroom has a walk in closet and a beautiful door that can be used as a separate entrance. Upstairs you'll find the other 4 bedrooms all with new ceiling fans. The Master bedroom is spacious and just outside the sliding door is a huge Balcony for those lounging nights that looks over the "welcome to paradise back yard" The back yard of this masterpiece has a stunning salt water, heated custom pool with a rock water slide and spa, a built in BBQ, and custom built furniture in the outdoor living space. No rear neighbors! It's complete with TV and stereo connections already done for you. The home has new exterior and interior paint, a new air conditioner, dishwasher new water heater all with extended warranties. Mr. and Mrs. clean own this home and the pride they have in this home shows. Your children will attend award winning schools, walk to the Famous Promenade Mall, minutes from I15 and 215 freeways for an easy commute. Low taxes and No HOA. Better Hurry..Don't miss this opportunity. The manager has listed the unit size as 2427 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017