52 Chippewa 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 |
|---|---|---|---|
| Sep 29, 2023 | Sold | ||
| Sold | |||
| Aug 18, 2023 | No longer available | - | |
| No longer available | |||
| Aug 17, 2023 | Listed by john greene, Realtor | $425,000 | |
| Listed by john greene, Realtor | |||
| Jul 10, 2023 | Price Decreased |
$439,900
↓ $10K
(2.2%) | |
| Price Decreased | |||
| Jun 16, 2023 | Listed by john greene Realtor | $449,900 | |
| Listed by john greene Realtor | |||
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Welcome home to 52 Chippewa a beautiful single family home, situated on a large and secluded wooded 1 acre lot surrounded by lush woods. This 5 bedroom 2.5 bath home offers ample space, privacy, and a host of desirable features. The generous foyer leads into the home greeting you with the inviting living room, a perfect space for relaxation and social gatherings. Across from the living room, the dining room provides an elegant setting for meals and entertaining. The kitchen abuts the dining room perfect for serving in the dining room or breakfast room which boasts a large pantry and bay window. Unwind in the cozy family room, complete with a fireplace, creating a warm and welcoming atmosphere while you look out over your wooded lot. A private room on the first floor offers versatility and can be used as a bedroom or a home office, providing flexibility to suit your lifestyle needs. The primary bedroom on the upper level features a tray ceiling, adding a touch of elegance. It includes a separate bathroom with dual sinks, a garden tub, and a separate shower. The second bedroom boasts a bonus room connected to the walk-in closet, offering potential for use as an additional bedroom or a quiet hideaway. The remaining two bedrooms on the upper level provide comfortable living spaces for family members or guests. The full basement provides ample storage space for your belongings and can be utilized for various purposes. It also features a finished area suitable for a music or media room. Enjoy the serenity and beauty of nature with this property's wooded surroundings. The spacious deck on the back of the house is perfect for outdoor entertainment and relaxation. This remarkable home offers a peaceful and spacious retreat, while still providing convenient access to nearby amenities and services. The manager has listed the unit size as 2900 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017