648 Chapin St
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Oct 10, 2024 | Sold | ||
| Sold | |||
| Sep 16, 2024 | In contract | - | |
| In contract | |||
| Aug 30, 2024 | Listed by Grace Group Realty, LLC | $275,000 | |
| Listed by Grace Group Realty, LLC | |||
| | |||
|
Nestled on a sprawling 1.32-acre level lot, this expansive ranch-style home offers the perfect blend of privacy & potential. Set back from the road, this property is a hidden gem, surrounded by lush greenery & serene landscapes. The large, sun-drenched living room boasts beautiful hardwood floors & a cozy fireplace, creating a warm & inviting atmosphere. The spacious kitchen provides ample room for cooking & entertaining. Enjoy peaceful mornings or relaxing evenings on the enclosed porch, which overlooks the picturesque backyard—a perfect spot for outdoor gatherings or simply unwinding in nature. With ample parking for at least 6 cars & a convenient generator hookup, this home is both practical & versatile. The expansive lot & generous layout offer endless possibilities to expand, whether you're looking to add more bedrooms or create additional living spaces. Located close to all area amenities, this property is not just a home, but an opportunity waiting to be realized.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017