487 Chatham Street
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 |
|---|---|---|---|
| Apr 30, 2007 | Sold | ||
| Sold | |||
| Mar 29, 2007 | Sold | ||
| Sold | |||
| Mar 7, 2007 | Listed | $219,000 | |
| Listed | |||
| Jan 28, 2004 | Sold | ||
| Sold | |||
| Nov 28, 2003 | Listed by Century 21 Hughes | $269,900 | |
| Listed by Century 21 Hughes | |||
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PRISTINE VICTORIAN STYLE COTTAGE, PRINCESS ANN FRONT WITH CIRCULAR TURRETS, GARAGE, REAR PORCHE. NEW KITCHEN WITH MAPLE CABINETS, ALL VINYL REPLACEMENT WINDOWS, NEW HEAT GLEEMING HARDWOOD FLOORS, OPEN CONCEPT, SECURITY SYSTEM
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