5 Chippers Ln #5
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%.
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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 30, 2009 | Sold | ||
| Sold | |||
| May 8, 2009 | Listed by Today Real Estate, Inc. | $289,000 | |
| Listed by Today Real Estate, Inc. | |||
| Aug 15, 2007 | Sold | ||
| Sold | |||
| Jul 4, 2007 | Listed by Seagrass Realty | $359,900 | |
| Listed by Seagrass Realty | |||
| | |||
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This unit is located directly overlooking the 6th hole of the Southport Golf Course and it has a walk out basement on the side of the 6th fairway. The views are incredible. The basement iw ready for you to finishe as you see fit and the upper level is in beautiful condition with nice views of the course. The master suite has a private master bath and a walk-in closet. All of this and you get all of the Southport Village Center amenities as well as unlimited free golf on Southport's golf course.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/08/2009
|
2 Bed
|
2 Bath
|
1322 ft²
|
$289,000
2 Bed
2 Bath
1322 ft²
|
$280,000
-3.11%
10/30/2009
|
Leonard O Leary
Seagrass Realty
| |
|
07/04/2007
|
2 Bed
|
2 Bath
|
1322 ft²
|
$359,900
2 Bed
2 Bath
1322 ft²
|
$353,000
-1.92%
08/15/2007
|
Leonard O Leary
Seagrass Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017