7106 Chippewa Boulevard
About This Property
Great investment opportunity for all investors. Owner occupied. Owner has retired from Auto Shop Repair business. There are living space available with 3 beds, full kitchen and living space and bathrooms upstair. Equipments are negotiable.
No restrictions and located near Hwy 249, Beltway 8 and I-45.
Please contact the listing agent for more information and showing. Buyer will have to pay for a new survey. Room dimensions are approximate, please independently verify including schools and other info.
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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 |
|---|---|---|---|
| May 8, 2025 | Sold | ||
| Sold | |||
| Apr 3, 2025 | In contract | - | |
| In contract | |||
| Mar 27, 2025 | Listed by RE/MAX Partners | $480,000 | |
| Listed by RE/MAX Partners | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017