4630 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 | |||
| Aug 17, 2021 | No longer available | - | |
| No longer available | |||
| Jun 25, 2021 | Relisted | $709,500 | |
| Relisted | |||
| Jun 12, 2021 | No longer available | - | |
| No longer available | |||
| May 1, 2021 | Listed by Clark Real Estate Group | $709,500 | |
| Listed by Clark Real Estate Group | |||
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Unbeatable expansive lake views from most everywhere you stand on this amazing property. Almost 7.5 hilltop acres that come to a point directly across from Fox Hollow and Possum Kingdom State Park. Situated at the point of this incredible property is a building pad ready for you to build your new home. Imagine a wrap around porch on your new lake home and you enjoying the sunrises and sunsets. After entering the property thru the automatic gate you'll arrive at a quaint 1 bedroom 1 bath cabin with a deck situated perfectly for enjoying the sunset on the lake. Beside the cabin is a 1200 sq foot shop with an office, laundry, and oversized door; perfect for storing all your lake toys. VRBO opportunity as well. The manager has listed the unit size as 480 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017