7946 Chartwell Lane
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 |
|---|---|---|---|
| Mar 15, 2021 | Sold | ||
| Sold | |||
| Dec 1, 2019 | Listed by Real | $199,399 | |
| Listed by Real | |||
| | |||
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A secluded hidden gem estate lot nestled between Arlington & Fort Worth near the Oakridge school,and golf courses.This majestic heavily treed 1.2 acre corner lot ,with deep water well , offers privacy in the beautiful, elegant Somerset Estates gated community of luxury living and lakes.Deep water well allows unique opportunity for irrigation and pool.Minimum build per HOA 5,000 square feet.
| |||
| Nov 21, 2019 | No longer available | - | |
| No longer available | |||
| Oct 9, 2019 | Price Decreased |
$224,700
↓ $100
(0%) | |
| Price Decreased | |||
| Apr 10, 2019 | Price Decreased |
$224,800
↓ $100
(0%) | |
| Price Decreased | |||
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Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14235294
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017