7979 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 |
|---|---|---|---|
| Jul 30, 2021 | Sold | ||
| Sold | |||
| May 15, 2021 | Listed by Compass RE Texas, LLC | $2,870,347 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
|
Italian-inspired Architectural Masterpiece hosts picturesque views through expansive arched windows, one of a kind features, and every amenity one would desire. This 9,636 sqft home sits on 1.57 acres, surrounded by well manicured gardens with cascading wisteria, beautiful fountains+sculptures. Warm and welcome, with an expansive and versatile floor plan, every detail is of the finest quality. Neutral palette with subtle differences in shades and tone keep this home current, timeless, the perfect choice for the most discerning buyer. Each ensuite bedroom has ample storage and walk-in closets. Upstairs you will find a grand media room and game room perfect to entertain! Separate guest quarters. Luxury awaits!
| |||
| May 17, 2020 | No longer available | - | |
| No longer available | |||
| Mar 9, 2020 | Listed | $2,934,700 | |
| Listed | |||
| | |||
|
Italian-inspired Architectural Masterpiece hosts picturesque views through expansive arched windows, one of a kind features, and every amenity one would desire. This 9,636 sqft home sits on 1.57 acres, surrounded by well manicured gardens with cascading wisteria, beautiful fountains+sculptures. Warm and welcome, with an expansive and versatile floor plan, every detail is of the finest quality. Neutral palette with subtle differences in shades and tone keep this home current, timeless, the perfect choice for the most discerning buyer. Each ensuite bedroom has ample storage and walk-in closets. Upstairs you will find a grand media room and game room perfect to entertain! Separate guest quarters. Luxury awaits! The manager has listed the unit size as 9636 square feet.
| |||
| Aug 8, 2019 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017