1409 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 |
|---|---|---|---|
| Jul 2, 2026 | No longer available | - | |
| No longer available | |||
| Sep 26, 2025 | Listed by Coldwell Banker Realty | $699,000 | |
| Listed by Coldwell Banker Realty | |||
| Jun 8, 2025 | No longer available | - | |
| No longer available | |||
| Sep 27, 2024 | Listed by Coldwell Banker Realty | $750,000 | |
| Listed by Coldwell Banker Realty | |||
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LOCATION! LOCATION! This property is central to the dynamic growth that Bastrop is currently experiencing! Directly across from the Bastrop Convention & Exhibition Center, down the street from Austin Art Institute and short walk to historic downtown, it offers many commercial/income producing opportunities as well as the potential of residential/multi-family housing. Please check with the city of Bastrop. Lot is .413 acres and has been in the same family since the 1950's. The residential structure is in original condition. A commercial business occupies the other half of the property. Owners are open to seller financing.
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| May 28, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017