47 Chippewa Dr
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 |
|---|---|---|---|
| Aug 15, 2025 | Sold | ||
| Sold | |||
| Jul 9, 2025 | In contract | - | |
| In contract | |||
| Jul 8, 2025 | Relisted | $279,900 | |
| Relisted | |||
| Jul 3, 2025 | In contract | - | |
| In contract | |||
| Jun 24, 2025 | Listed | $425,000 | |
| Listed | |||
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OFFER DEADLINE SUNDAY 6/29 6pm. Please make offer good through Monday 6/30 6pm. Discover this charming two-bedroom bungalow cottage in the desirable Indian Mound Beach neighborhood, just a short stroll from the sandy shores of Buttermilk Bay. This turnkey home offers ease of one-level living and comes completely furnished, making it a perfect year-round residence, vacation retreat, or weekend getaway. The spacious eat-in kitchen boasts vaulted, beamed ceilings and skylights, flooding the space with natural light throughout the year. Outside, the large, landscaped lot features a circular driveway, patio area, potting shed, and an oversized two-story detached garage with a workshop or storage space above, ideal for hobbyists. Enjoy easy access to Cape Cod attractions, local restaurants, the Cape Cod Canal, Bourne Train, and the Massachusetts Maritime Academy, all while avoiding the hassle of bridge traffic. Move right in and experience coastal living at its finest!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017