5011 Chase Mountain Drive
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 4, 2023 | Sold | ||
| Sold | |||
| Sep 12, 2023 | Listed by HOUSTON TOP REALTY | $199,900 | |
| Listed by HOUSTON TOP REALTY | |||
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HANDYMAN or INVESTOR SPECIAL!!! Clear out the "stuff", remodel the house, and enjoy life in the adorable neighborhood of Chase Park. Conveniently located off of Hwy. 146 near FM 517, the seller states it never flooded. There have been a few pipe leaks, dog marks, and various other damages that need to be repaired. But the price is right for the do-it-yourselfer who can take advantage of this curious deal. Check out the park and community pool, as this would be a nice place to live. Roof only 2 years old, per seller. Big cul-de-sac lot -- bring your big fur babies and prepare to enjoy after your work at restoration.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017