8 Chipman Rd
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 |
|---|---|---|---|
| Oct 29, 2018 | Sold | ||
| Sold | |||
| Oct 19, 2018 | No longer available | - | |
| No longer available | |||
| Sep 22, 2018 | Relisted | $368,000 | |
| Relisted | |||
| Sep 15, 2018 | No longer available | - | |
| No longer available | |||
| Aug 13, 2018 | Listed | $368,000 | |
| Listed | |||
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Sweet Expandable Cape within walking distance to the historic village of Sandwich! Updates include Central AC, newer kitchen with granite counter tops, windows and roof. Sited on .42 Ac of professional landscaping, irrigation, w/detached 2-car garage, backing up to Crowe's Farm. Private deck off kitchen/dining area provides a sunny spot to overlook the backyard with many plantings. There are gleaming hardwood floors on the 1st level. Living room is spacious with wood-burning fireplace and opens up to the kitchen. Upstairs are two smaller rooms with plumbing for a future 2nd bathroom. The basement is also finished with loads of extra storage and a large cedar closet. The manager has listed the unit size as 1428 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017