8935 CHESTNUT RIDGE Way
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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 |
|---|---|---|---|
| Jul 31, 2021 | No longer available | - | |
| No longer available | |||
| Jul 27, 2021 | Relisted | $308,000 | |
| Relisted | |||
| Jun 30, 2021 | No longer available | - | |
| No longer available | |||
| Jun 13, 2021 | Listed by Illustrated Properties | $570,000 | |
| Listed by Illustrated Properties | |||
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A rare 1-story home available in Canyon Lakes which boasts 4 bed, 2 bath, on an oversized corner lot with lots of privacy & a backyard oasis. A well maintained & gorgeous home, with much attention to detail offering a split floor plan. The home offers new (2020) luxury vinyl flooring throughout and a freshly painted interior (2020). The kitchen boasts raised panel 42'' white cabinetry, accented by stunning white corian countertops, new full backsplash, new cabinet hardware, and newer (2017) stainless steel appliances. A generous sized laundry room with newer (2018) washer/dryer. A spa experience with a luxurious master bathroom recently refreshed! The driveway has been an expended, as an upgrade. Enjoy the backyard with lots of privacy and enough room to build a pool, if desired. The manager has listed the unit size as 2249 square feet.
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| Apr 21, 2015 | Sold | ||
| Sold | |||
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About Canyon Lakes
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Currently no similar homes aroundNearby Rentals
$5,200 /mo
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- 2 Baths
- 1,585 ft²
$5,500 /mo
- 3 Beds
- 3 Baths
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017