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4121 Chavis Road
About This Property
Directions: From I-40 exit 435 take 321 south take a right on Hwy 339(Jones Cove Rd), left on Chavis Rd, property on right.
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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 |
|---|---|---|---|
| Aug 30, 2026 | In contract | - | |
| In contract | |||
| Aug 15, 2026 | Price Decreased |
$300,000
↓ $15K
(4.8%) | |
| Price Decreased | |||
| May 7, 2026 | Price Decreased |
$315,000
↓ $10K
(3.1%) | |
| Price Decreased | |||
| Jan 10, 2026 | Listed by Keller Williams Properties | $325,000 | |
| Listed by Keller Williams Properties | |||
| Jul 11, 2022 | Listed by Cosby Real Estate, Inc. | $299,000 | |
| Listed by Cosby Real Estate, Inc. | |||
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A RARE opportunity to own 15+ FLAT acres with a home within walking distance to the National Park (Foothills Parkway) about 2 acres of the land is cleared around the home and the remaining property is wooded. The home is currently on long term rental to the same renters for over 10 years. Fell free to walk the land, but an appointment (24 hour notice) is necessary to view the home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017