15
Map
881 NE Chello Avenue
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 |
|---|---|---|---|
| Apr 11, 2025 | Sold | ||
| Sold | |||
| Mar 7, 2025 | In contract | - | |
| In contract | |||
| Mar 1, 2025 | Price Decreased |
$229,000
↓ $10K
(4.2%) | |
| Price Decreased | |||
| Jan 22, 2025 | Price Decreased |
$239,000
↓ $10K
(4%) | |
| Price Decreased | |||
| Nov 1, 2024 | Listed by RE/MAX Alternative Realty | $249,000 | |
| Listed by RE/MAX Alternative Realty | |||
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Whether you're just starting out, or looking to downsize, this quaint 3 bedroom 2 bath home is ready for you. Starting with a BRAND NEW ROOF and ELECTRICAL PANEL. Great location around the corner from Turkey Creek Sanctuary. New laminate and ceramic tile flooring. The vaulted ceiling adds grandeur and reflects the natural light illuminating the heart of the home. Stainless-steel appliances in the open kitchen. Primary bathroom features tile and tub. Enjoy backyard barbecues under the canopy of Mature trees. Central to all of life's necessities, and just minutes to i-95 and the beaches, this affordable home is waiting for you.
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Property Highlights
Building Info
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Price/ft²
Listed On
Sold On
About Port Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017