5977 Chippendale Avenue
About This Property
This adorable 1296 sq. ft. house is freshly painted inside and out. Roof has been recently replaced, New appliances and water heater. Garage converted to 4th bedroom/den giving an additional 360 sq. ft. Two mature Palm Trees in front yard. The back yard is adjacent to the JB&V Memorial Park.
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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 |
|---|---|---|---|
| May 31, 2023 | Sold | ||
| Sold | |||
| Apr 28, 2023 | Listed by Realty Pros of El Paso | $199,900 | |
| Listed by Realty Pros of El Paso | |||
| Sep 30, 2001 | Sold | ||
| Sold | |||
| Apr 30, 2001 | Listed by Century 21 APD & Associates | $71,950 | |
| Listed by Century 21 APD & Associates | |||
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CALL LISTING OFFICE FOR TERMS, STAGE AND STATUS. PRICES AND TERMS SUBJECT TO CHANGE WITHOUT NOTICE. #6 KEY AVAILABLE AT LISTING OFFICE AND BUILDERS OFFICE ON COMMON DRIVE
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017