89 Chipman Street #7
About This Property
The manager has listed the unit size as 1156 square feet.
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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%.
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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 18, 2023 | Sold | ||
| Sold | |||
| Mar 25, 2023 | Listed | $173,000 | |
| Listed | |||
| | |||
|
Spacious Tri-level Townhouse in much sought after West Side / Town Plot location! Offers 5 rooms, 2-3 bedrooms, 1.5 baths, gorgeous newer tile and laminate flooring throughout, large 1 car garage w/ auto-garage opener, central A/C & more! Features an upgraded kitchen w/ granite counter tops and tile floor, spacious living room w/ luxurious laminate flooring, primary bedroom w/ double closets, both bedrooms have high-end laminate floors & upgraded baths w/ more beautiful tile. The finished basement has tile floor under the carpeting, full size windows & a closet off the hallway making it perfect for possible 3rd bedroom, an in-home office or den. Chipman Estates is a small, well maintained complex built in 2006 w/ only 10 units and low HOA fees. EZ access to Rt. 8, I-84, Close to parks, schools, shopping, cafe's, bakeries, fine restaurants, 2 hospitals, bus line, Metro-North train & less than 2 hours from NYC!
| |||
| May 4, 2019 | No longer available | - | |
| No longer available | |||
| Apr 14, 2019 | Price Decreased |
$139,000
↓ $10K
(6.7%) | |
| Price Decreased | |||
| Mar 22, 2019 | Relisted | $149,000 | |
| Relisted | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/07/2025
|
2 Bed
|
2 Bath
|
1734 ft²
|
$183,000
2 Bed
2 Bath
1734 ft²
|
$230,000
+25.68%
05/01/2025
|
Judith Rush
Dave Jones Realty, LLC
| |
|
12/08/2023
|
2 Bed
|
2 Bath
|
1360 ft²
|
$169,900
2 Bed
2 Bath
1360 ft²
|
$178,000
+4.77%
01/29/2024
|
Vasco Silva
Great Estates, CT
| |
|
03/25/2023
|
2 Bed
|
2 Bath
|
1360 ft²
|
$173,000
2 Bed
2 Bath
1360 ft²
|
$173,000
05/18/2023
|
Vasco Silva
Great Estates, CT
| |
|
05/06/2022
|
2 Bed
|
2 Bath
|
1156 ft²
|
$132,500
2 Bed
2 Bath
1156 ft²
|
$137,500
+3.77%
11/01/2022
|
Nicole Owler
Marrin Santore Realty LLC
| |
|
02/24/2019
|
2 Bed
|
2 Bath
|
1156 ft²
|
$149,000
2 Bed
2 Bath
1156 ft²
|
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Building Info
About Waterbury
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017