432 E Chippendale Drive
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 |
|---|---|---|---|
| Oct 27, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $240,000 | |
| Listed | |||
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Wait until you see this beauty. Owner has replaced all the flooring on the first floor with wood laminate and new baseboards. Everything has been painted including the finished basement. 42" kitchen cabinets. 6 panel white doors, 2 full baths, New vanity in one bath, water heater 2 years old, roof approximately 2010, stove about 3 years old, new garage door in 2016. The manager has listed the unit size as 1173 square feet.
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| Aug 11, 2017 | Listed by RE/MAX Unlimited Northwest | $240,000 | |
| Listed by RE/MAX Unlimited Northwest | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017