111 Chestnut St
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 28, 2025 | Sold | ||
| Sold | |||
| Jan 28, 2025 | In contract | - | |
| In contract | |||
| Jan 22, 2025 | Listed by Compass | $799,900 | |
| Listed by Compass | |||
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Welcome to this beautifully renovated cape-style home in charming North Reading. 3 story living offers almost 2,400 sq ft of comfortable living space, featuring 3 spacious bedrooms, 2 modern bathrooms, a mudroom/flex space & large finished basement. Upon entering, you'll be greeted by the wide staircase that gives the home character and open to a bright living room enhanced by a cozy fireplace, providing ambiance for relaxation by a warm fire. The heart of the house is the bright kitchen, which boasts a stunning island, granite countertops, and stainless steel appliances, open to a formal dining room perfect for hosting gatherings and creating lasting memories. Just off the kitchen is a finished heated space that is being used as a mudroom with a slider to access the expansive deck. Enjoy the serene level back yard, ideal for outdoor entertaining. Also features a finished basement with add'l storage, updated systems and easy access to Rt. 95, Ipswich River Park and all three schools.
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| Jul 9, 2015 | Sold | ||
| Sold | |||
| Jun 11, 2015 | Listed by Compass | $499,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017