43 Chipman Rd
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
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Oct 28, 2024 | In contract | - | |
| In contract | |||
| Oct 25, 2024 | Listed by Kinlin Grover Compass | $649,000 | |
| Listed by Kinlin Grover Compass | |||
| | |||
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Location! Location! Location! This Ranch located off Route 6A sits at the top of Chipman Road and offers a Stunning ever changing View of Cape Cod Bay from street. Recently converted to Gas heat and Central AC, the open floor plan sports a Flagstone Foyer, Crown Moldings, Bow Window, Bay Window, Fireplace & French doors to deck. Kitchen and Baths have been updated with convenient first floor laundry. Full Basement and 1 Car Garage add storage space. Just a short stroll to Village, Boardwalk, Cape Cod Canal and Beaches! Great commuter neighborhood, about 5 minutes to Sagamore Bridge. Passing Title 5 Septic Certificate. Buyers and Buyers Agents should verify all information.
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| Aug 28, 2015 | Sold | ||
| Sold | |||
| Aug 5, 2015 | Listed by Kinlin Grover Compass | $315,000 | |
| Listed by Kinlin Grover Compass | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017