8266 Chapin Road
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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 24, 2024 | Sold | ||
| Sold | |||
| May 6, 2024 | In contract | - | |
| In contract | |||
| Dec 24, 2023 | Listed by Fathom Realty, LLC | $260,000 | |
| Listed by Fathom Realty, LLC | |||
| Jun 27, 2023 | Sold | ||
| Sold | |||
| Jun 14, 2023 | Listed by Summit Cove Realty, Inc. | $149,900 | |
| Listed by Summit Cove Realty, Inc. | |||
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Investor special! 3 bed, 2 bath property with a ton of potential in a great area! This property needs a full remodel, but will be a gem when renovations are completed. Seller is willing to move forward at asking price with no option. First come, first serve!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017