5728 Chelmsford Trail
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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 |
|---|---|---|---|
| Jun 4, 2021 | Sold | ||
| Sold | |||
| Apr 15, 2021 | Listed by The Michael Group Real Estate | $330,000 | |
| Listed by The Michael Group Real Estate | |||
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This is a great house for your large family! With 4 bedrooms and 3 full baths, there is plenty of room for everyone. There is a large master bedroom with a jetted tub in the master bath. There is also a bedroom downstairs if you have multigenerations living in the house. The large game room upstairs can be used for a variety of different uses and there is even a bar area in the back. You will love having a gas stove and heater for cost savings. You will also love the new floors throughout most of the home. The ackyard backs right up to the greenbelt providing ample privacy. This house is priced to sell and I do not expect it to last long in this HOT market! Come see this great house now and make it your own!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017