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161 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 |
|---|---|---|---|
| Jan 31, 2011 | Sold | ||
| Sold | |||
| Aug 16, 2010 | Listed by RE/MAX Advantage 1 | $429,900 | |
| Listed by RE/MAX Advantage 1 | |||
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Custom built ranch with lots of special features: cathedral ceiling, skylights, solid oak doors and trim, large boat barn, awesome kitchen with corian counters and lots of cabinets, floor to ceiling stonefaced see- thru fireplace, french doors into over sized deck and gazebo, attached entertainment center in livingroom, large master with walk-in closet & bath, propane gas for stove, dryer & fireplace. Radiant heat thru out, steel beam const., security, C/A, C/V, plus much more
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