6142 Chaffin 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 |
|---|---|---|---|
| Nov 30, 2024 | Sold | ||
| Sold | |||
| Nov 7, 2024 | In contract | - | |
| In contract | |||
| Oct 16, 2024 | Listed by Realm Real Estate Professionals - Katy | $249,900 | |
| Listed by Realm Real Estate Professionals - Katy | |||
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Unlock the potential of this beautifully renovated home and make it your dream residence. Located in the Hobby Area, just 15 minutes from Downtown, this 3-bedroom, 2-bathroom home has been fully upgraded, featuring new laminate flooring, baseboards, granite countertops, kitchen cabinets, a pantry, and an added bedroom. The home also boasts new AC ducts, fresh paint, remodeled bathrooms with modern standing showers, new blinds, stainless steel appliances, recessed lighting, updated electrical panels, and a brand-new garage door with an opener. With a spacious living area and a large kitchen, this property offers both comfort and style. Conveniently located near Hobby Airport, I-45, 610, and local universities, this home is an incredible opportunity. Act fast!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017