8830 Chapada Highlands Drive
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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 |
|---|---|---|---|
| Nov 18, 2021 | Sold | ||
| Sold | |||
| Oct 20, 2021 | Listed by Martha Turner Sotheby's | $339,000 | |
| Listed by Martha Turner Sotheby's | |||
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Fantastic elevation on this one story ranch style home. This home flows well and is amazing for entertaining inside and out. Home is light and bright with tall ceilings, recessed lighting, ceiling fans, tile flooring in main areas and a large covered patio in the backyard. Cook dinner while still being part of what's going on in the living room & dining area. Primary bedroom is located in the back of the home with new carpet, his and her closets, separate shower, a soaking tub & double sinks in primary bathroom. So many possibilities for the backyard, you could build a custom pool, an out door entertainment area with outdoor kitchen, fireplace, a swing set and still have room for a garden.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017