982 Chapel Hill Road #LOT28
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%.
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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.
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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 |
|---|---|---|---|
| Jun 13, 2024 | Sold | ||
| Sold | |||
| May 4, 2024 | In contract | - | |
| In contract | |||
| Apr 25, 2024 | Listed by Meg Streeter Real Estate | $25,000 | |
| Listed by Meg Streeter Real Estate | |||
| Nov 28, 2023 | No longer available | - | |
| No longer available | |||
| Aug 18, 2023 | Listed by Meg Streeter Real Estate, P.C. | $25,000 | |
| Listed by Meg Streeter Real Estate, P.C. | |||
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An attractive one acre lot in the Chapel Hill neighborhood. There is good road frontage and wonderful landscaping featuring flowering shrubs and many trees planted by a green-thumb owner over the past 40 years. The rhododendron shrubs are stunning! No soils testing has been done. Buyers should confirm with the Whitingham Zoning department that the lot is grandfathered for development with a state wastewater permit The seller reserves the right to accept an offer at any time for this lot or for the house at 985 Chapel Hill Road being offered with a total of 3 acres (MLS #4954469). This lot is currently included on the tax bill for 985 Chapel Hill Road and shares the same SPAN number. The 911 address is estimated and will be adjusted by the town of Whitingham if sold separately from 985 Chapel Hill Road
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017