70360 Chappel Road
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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 |
|---|---|---|---|
| Aug 1, 2024 | Sold | ||
| Sold | |||
| Jun 20, 2024 | Listed by Coldwell Banker Realty | $1,199,000 | |
| Listed by Coldwell Banker Realty | |||
| Jun 22, 2020 | Sold | ||
| Sold | |||
| Feb 26, 2020 | Listed by HK Lane Real Estate | $635,000 | |
| Listed by HK Lane Real Estate | |||
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MID CENTURY MODERN! The perfect blend of updated along with mid-century modern ORIGINAL in the coveted Tamarisk neighborhood! Privacy abounds with a long hedge wall in front and huge rear and side yards with private recently replastered pool and gorgeous mountain views. Pool area and colorful landscaping evokes a soothing zen-like environment for entertaining and/or relaxing. The living room was expanded by the original owner creating a light, cheerful and spacious setting. Entire home was recently retiled with beautiful neutral porcelain floor tile. Newly installed Lenox AC compressor plus electrical service panel. Relandscaped, and newer sprinkler system. Galvanized plumbing changed to copper. Original 1964 light fixtures, doors, cabinets, gorgeous tile on countertops and in showers with cool original tub! Original Tappan cooktop and oven/broiler. All mid-century elements are in impeccable condition. An exceptional gem sited in historical neighborhood. Original owner was the long time golf pro at Tamarisk CC in the 50's and 60's and played with many celebrity members such as Frank Sinatra and Bob Hope. A very special glimpse into the past that you must not miss!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017