118 Chestnut Street
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 |
|---|---|---|---|
| May 3, 2024 | Sold | ||
| Sold | |||
| Mar 27, 2024 | In contract | - | |
| In contract | |||
| Mar 20, 2024 | Listed by Barrett Sotheby's International Realty | $1,695,000 | |
| Listed by Barrett Sotheby's International Realty | |||
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A stately colonial in one of Concord's most desirable neighborhoods! This gracious 4 bedroom, 4 bath home has sun-filled rooms that flood the home with natural light. A spacious family room with cathedral ceiling and fireplace leading to a heated sun room overlooking the private backyard. An updated chef's kitchen with eat-in area opens to the lovely dining room. Large living room with fireplace and an in home office with full bath complete the downstairs. Upstairs there are 4 large bedrooms, including the oversized primary suite. Numerous updates include: central air conditioning, interior and exterior painting, deck railings and a kitchen renovation. Beautiful yard with pool and walking trail connecting to the Partridge neighborhood. Walking distance to Concord Center and close to commuting routes, this home is a must-see!
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| May 1, 1986 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017