1
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723 Chapin St
About This Property
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Cap Rate Calculator
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 26, 2008 | Sold | ||
| Sold | |||
| May 1, 2008 | Sold | ||
| Sold | |||
| Apr 22, 2008 | Listed | $224,900 | |
| Listed | |||
| Aug 29, 2006 | Sold | ||
| Sold | |||
| Oct 3, 2005 | Listed by Keller Williams Realty | $279,000 | |
| Listed by Keller Williams Realty | |||
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SUPER SPECIAL, SPRAWLING, CUSTOM BRICK RANCH, SITUATED ON CORNER A HALF ACRE LOT, IN HIGHLY VISABLE LOCATION. VERY SPACIOUS ROOMS, HUGE CLOSETS, LARGE KITCHEN OPEN TO DINING AREA, GLEAMING WOOD FLOORS, GRANITE FIREPLACE W/MARBLE MANTEL (APO), EXTRA ROOM OFFERS USE FOR A DEN OR HOME OFFICE/RECEPTION AREA, CAST IRON RADIATORS, OVERSIZED 2CAR GARAGE WITH HOT AND COLD WATER AND SEPERATE 220 LINE. COVERED PATIO AND BEAUTIFUL FOUNTAIN ADORN THE LARGE BACK YARD. ALL REASONABLE OFFERS CONSIDERED
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