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6901 CHIPPEWA DRIVE
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 |
|---|---|---|---|
| Sep 1, 2026 | Listed by Lazar Real Estate | $275,000 | |
| Listed by Lazar Real Estate | |||
| May 19, 2026 | Listed by Lazar Real Estate | $479,900 | |
| Listed by Lazar Real Estate | |||
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Welcome to 6901 Chippewa Drive, a split-level home located on a desirable corner lot in Indian Village. This 3-bedroom, 1.5-bath home features hardwood floors and a concrete driveway. The kitchen has white shaker cabinets and granite countertops. This home has a lot of potential. Conveniently located near shopping, dining, parks, and major commuter routes.
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| Mar 17, 2025 | In contract | - | |
| In contract | |||
| Mar 16, 2025 | Listed | $500,000 | |
| Listed | |||
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| Jul 6, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017