419 CHIPPEWA TRAIL
About This Property
The lower level provides a large family room with a wood stove and an existing gas line for optional use.
There is generous space for entertainment, hobbies, or relaxation, The sunroom adds another comfortable area to enjoy the surroundings throughout the year.
Additional features include a laundry room and interior access to the garage .The home does need some TLC, but it offers strong potential for buyers who want make a lakefront their own. Come and explore everything 419 Chippewa Trail has to offer!
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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 |
|---|---|---|---|
| Jan 23, 2026 | Sold | ||
| Sold | |||
| Dec 12, 2025 | In contract | - | |
| In contract | |||
| Nov 13, 2025 | Listed by Weichert Realtors-Medford | $389,000 | |
| Listed by Weichert Realtors-Medford | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017