56 Chapel 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 |
|---|---|---|---|
| Aug 1, 2024 | Sold | ||
| Sold | |||
| Apr 23, 2024 | In contract | - | |
| In contract | |||
| Apr 15, 2024 | Listed by Lamacchia Realty, Inc. | $399,000 | |
| Listed by Lamacchia Realty, Inc. | |||
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Welcome home to this charming Ranch style home in Shirley! Upon entry, you're greeted w/ beautiful hardwood floors all throughout. The living room boasts a large bay window, flooding the space in natural sunlight. Make room for the chef in the galley style Kitchen featuring new lux vinyl flooring (2023,) updated custom shelving, granite countertops, & a gas range. 3 bedrooms each w/ closets provide ample storage as well as flexibility to utilize one of the bedrooms as a formal dining room/den/home office. The full bathroom has been updated w/ a tiled shower/tub & a custom cabinet. Spacious basement provides a separate workshop space w/ built-in bench/storage & washer/dryer hookups. Large oversized 2 car garage and central A/C throughout! Outside, discover the amazing backyard complete w/ a stone patio, firepit, lilac hedge, & raised garden beds. Easy access to local schools, shops, restaurants, town library, & MBTA commuter rail! You don't want to miss out on this one!
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| Oct 20, 2010 | Sold | ||
| Sold | |||
| Aug 13, 2010 | Listed by LAER Realty Partners | $220,000 | |
| Listed by LAER Realty Partners | |||
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Just move right in! Gleaming hardwood floors! New Heating unit with Central A/C! New energy efficient windows! Nice level lot! 2 Car garage! Easy to the commuter rail (The T). Priced to sell. Come see it Today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017