585 Chapin St
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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Nov 28, 2024 | In contract | - | |
| In contract | |||
| Nov 21, 2024 | Listed by Ideal Real Estate Services, Inc. | $269,900 | |
| Listed by Ideal Real Estate Services, Inc. | |||
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Charming Ranch in Ludlow! This cozy 864 sq. ft. home features 2 bedrooms, 1 bathroom, and a 1-car garage, offering the perfect blend of affordability and potential. The single-level layout is ideal for first-time buyers, downsizers, or anyone seeking a manageable space to call home. With a little TLC, this gem can truly shine! Nestled in a convenient location, close to local amenities, parks, and highways, this property is a great opportunity to invest in your future. Don't miss your chance to create the home you've been dreaming of at a price that fits your budget!
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| Nov 1, 2005 | Sold | ||
| Sold | |||
| Aug 10, 2005 | Listed by Ideal Real Estate Services, Inc. | $179,900 | |
| Listed by Ideal Real Estate Services, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017