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1405 Chester Avenue
About This Property
Inside, the home is bright and airy, with an open floor plan that lets natural light fill every space. The expansive yard is a dream for entertaining, with ample room for a garden, a pool, or even an ADU. Plus, you'll have parking for up to five cars, or even an RV, in the driveway. Conveniently located near schools, a local church, and a variety of amenities-shopping centers, parks, and more-all just minutes away. Please note, the property is currently tenant-occupied, so kindly do not disturb.
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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 |
|---|---|---|---|
| Jun 2, 2026 | Listed by Century 21 Masters | $299,000 | |
| Listed by Century 21 Masters | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017