652 Chippewa 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 |
|---|---|---|---|
| Jul 12, 2023 | Sold | ||
| Sold | |||
| May 6, 2023 | Listed by Lifetime Properties | $90,000 | |
| Listed by Lifetime Properties | |||
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Last lot available in Fawn Valley! NO HOA, NO METRO DISTRICT TAXES. Lot is adjacent to the park. Backs to greenbelt. Power is at lot line with transformer. Water and sewer taps are already installed- saves you nearly 20K. Taps costs will be 6500 water and 6500 sewer at the time of building. Natural gas at lot line. Soil tests done and will be provided to buyer. Property was excavated and prepped for a garden level basement in 2021.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017