533 Chippendale Drive
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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 |
|---|---|---|---|
| Jul 5, 2023 | Sold | ||
| Sold | |||
| Apr 13, 2023 | No longer available | - | |
| No longer available | |||
| Apr 12, 2023 | Listed by TX Lake & Land Real Estate | $649,500 | |
| Listed by TX Lake & Land Real Estate | |||
| | |||
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Under the dappled shade of mature oak trees, you'll find a carefully crafted Chicago brick home in the highly sought-after Crestridge Meadows neighborhood. This light-filled home is a peaceful haven accented with vintage stained glass transom windows, custom Pella double entry doors, herringbone hardwood floors, stacked crown molding, and ornate millwork and wainscoting. Set on a lushly landscaped acre backed by a green belt with a gently winding creek and zoned for the highly acclaimed Amy Parks Heath Elementary, 533 Chippendale Drive is the ideal intersection of small town living with all of the nearby conveniences that make a great life even better. Features include: new roof and gutters(‘22), tankless water heater, new AC (‘22), 3 car garage, garden house with plumbing and electric, irrigated garden, perennial landscaping, large back porch, and custom built-ins.
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| Apr 11, 2023 | Price Decreased |
$739,500
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Mar 31, 2023 | Price Decreased |
$749,500
↓ $30K
(3.9%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017