906 Chace Lane NE
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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 |
|---|---|---|---|
| Dec 31, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2024 | In contract | - | |
| In contract | |||
| Nov 15, 2024 | Listed by Non-MLS or Out of Area | $165,000 | |
| Listed by Non-MLS or Out of Area | |||
| Nov 7, 2024 | In contract | - | |
| In contract | |||
| Nov 1, 2024 | Listed by CORBELO LLC | $189,000 | |
| Listed by CORBELO LLC | |||
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GREAT LOCATION! GREAT OPPORTUNITY! Located in the sought-after Port Malabar neighborhood- across from Veterans Park! This diamond in the rough presents a prime opportunity for those with vision and a knack for renovation to bring this adorable 3 Bedroom/2 Bath Midcentury home back to the charm of its era. AMAZING LOCATION with exceptional charter and private schools nearby, you’ll enjoy the convenience of being just minutes from a shopping center, restaurants, and local parks. ***BEING SOLD "AS IS." SELLER WILL NOT MAKE ANY REPAIRS - NO POST CONTRACT REPAIRS OR CREDITS.The Seller will only use their PREFERRED TITLE COMPANY (see Submission Instructions). Buyer should perform their due diligence and make their own assessments. Buyer to independently verify square footage, measurements and property condition. **Seller responds to most offers in 24 hours but please allow up to 72 hours for a response!** DO NOT SUBMIT OFFERS SITE UNSEEN!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017