5706 CHIPPEWA Avenue
About This Property
Nicely treed lot just a few lots of paved road CR352. There are some nice trees on this lot. Only a survey can determine bounder lines and true acreage. About 1 acre.
Nice homes in area. Bring your new MH or build. Clay Co does have impact fees.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 8, 2024 | Sold | ||
| Sold | |||
| Dec 21, 2023 | Listed by CW REALTY | $25,000 | |
| Listed by CW REALTY | |||
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Over 1 acre of beautiful trees and a quiet area are ready for you! This property has 1.26 acres and has lovely foliage and high ground. Perfect for your new build! Property will require a well and septic as there are no public water or sewage services in this area.
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| Nov 9, 2020 | Sold | ||
| Sold | |||
| Jan 28, 2020 | Listed by HELEN HERSEY REALTY | $8,500 | |
| Listed by HELEN HERSEY REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017