91 Chippy Ln
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 |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Feb 3, 2025 | In contract | - | |
| In contract | |||
| Jan 30, 2025 | Listed by RE/MAX Partners | $540,000 | |
| Listed by RE/MAX Partners | |||
| | |||
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LOCATION, LOCATION, LOCATION!! Well maintained Colonial situated on a beautiful lot in one of Methuen's most desired neighborhoods! Walk in to a light & bright living room with wood flooring and lots of natural light. Large eat-in kitchen with loads of cabinets and peninsula with additional storage. A cozy family room & a half bath with laundry complete the first floor of this wonderful home. Upstairs you will find a front to back main bedroom with laminate flooring, ceiling fan & 2 generous closets. 2nd & 3rd bedrooms with wood flooring and a full bath finish off the second level of this well loved home. In the basement you will find an additional room and loads of storage! A large deck over looking a fenced in yard that is perfect for summer time bbq's. Close to shopping and highways. Don't miss out on this one!
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| Sep 3, 2003 | Sold | ||
| Sold | |||
| Jul 22, 2003 | Listed by RE/MAX Partners | $332,900 | |
| Listed by RE/MAX Partners | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017