156 Chestnut Drive
About This Property
Use as a year-round residence or as a steppingstone between the sandy beaches of Long Beach Island and Atlantic City.
Home offers a large spacious kitchen, laundry room with a side entrance Ramp, plenty of storage, large back deck to enjoy the privacy of nature behind you. Master has a walk-in closet, and a walk-in shower.
Home is 1350 square feet double wide. Make this a must to see at this affordable price for Move In ready and turn-key. SOLD FURNISHED
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 5, 2024 | Sold | ||
| Sold | |||
| Mar 6, 2024 | In contract | - | |
| In contract | |||
| Feb 3, 2024 | Price Decreased |
$152,500
↓ $10K
(6.2%) | |
| Price Decreased | |||
| Nov 1, 2023 | Price Increased |
$162,500
↑ $10K
(6.6%) | |
| Price Increased | |||
| Aug 15, 2023 | Listed by Coldwell Banker Riviera Realty | $152,500 | |
| Listed by Coldwell Banker Riviera Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017