4618 Chapel Road
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 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 10, 2020 | Sold | ||
| Sold | |||
| Jun 5, 2020 | In contract | - | |
| In contract | |||
| Mar 9, 2020 | Listed | $96,500 | |
| Listed | |||
| | |||
|
Talk about a view!! Beautiful 5 acre track on top of a hill looking across the lake. Acreage has been cleared and is ready for a home. Lot starts at top of Chapel Road and goes down the backside. This property is in close proximity to Bass Hollow, Fox Hollow, and Possum Hollow. Take your golf cart or ATV for a ride down to the water.
| |||
| Feb 24, 2020 | Listed by Clark Real Estate Group | $96,500 | |
| Listed by Clark Real Estate Group | |||
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About Palo Pinto
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14288259
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017