6614 Pelham Chase Drive
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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%.
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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 |
|---|---|---|---|
| Sep 17, 2024 | Sold | ||
| Sold | |||
| Aug 19, 2024 | In contract | - | |
| In contract | |||
| Aug 1, 2024 | Listed by CB&A, Realtors | $650,000 | |
| Listed by CB&A, Realtors | |||
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Welcome to 6614 Pelham Chase Dr in Auburn Lakes. This home boasts 5 bedrooms, 3.5 baths, 3 car garage and is designed to provide ample space for living, entertaining and relaxation. Large living room overlooking the kitchen with stainless appliances, double ovens, granite counters, ample cabinet and counter space and a large island with breakfast bar. The main floor primary retreat is large with a spacious ensuite featuring a walk-in shower, soaker tub, double sinks with vanity and walk-in closet. Upstairs you will enjoy 4 bedrooms, 2 full baths, desk space and a game room. The backyard is a true oasis with a pool, spa, covered patio and lush landscaping. This home has been updated with Roof (2021), AC & Furnace (2019), Hot water heaters (2018) and a whole home generator. This master-planned community features a lap pool, splash pad, playground, pavilion, fitness center, clubhouse, walking trails and lakes. Zoned to Klein ISD. This home is a must see, you will not be disappointed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017