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1606 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 |
|---|---|---|---|
| Aug 22, 2021 | No longer available | - | |
| No longer available | |||
| Aug 12, 2021 | Listed by THE GRUBB CO. INC. | $998,000 | |
| Listed by THE GRUBB CO. INC. | |||
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Gretchen Roethle - 415-599-6200 - Main home + modern ADU/Guest House in Magical Westbrae! Just a stone's throw from Cedar Rose Park, the Ohlone Greenway, and N. Berkeley BART, this quaint bungalow on a tree-lined street offers quintessential Berkeley living. Built in 1943, the home has been transformed for today's dweller. The updated level-in bungalow flows seamlessly to a private and sun-filled yard. The detached ADU was completed in 2020 - with concrete floors, exposed beam ceiling, bold colors, and modern design; the seller used this as a guest house and a work-from-home escape. Enjoy Bartavelle breakfasts, Monterey Market for groceries, Westbrae Biergarten for lunch, or hop over to 4th Street for a bite and some shopping. This one has it all. A true gem! The manager has listed the unit size as 1227 square feet.
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| Aug 10, 2016 | Sold | ||
| Sold | |||
| Jun 1, 2016 | Listed by MARVIN GARDENS EAST BAY | $649,000 | |
| Listed by MARVIN GARDENS EAST BAY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017